Description

Book Synopsis
This book challenges the conventional wisdom that greater schooling and skill improvement leads to higher wages, that income inequality falls with wider access to schooling, and that the Information Technology revolution will re-ignite worker pay. Indeed, the econometric results provide no evidence that the growth of skills or educational attainment has any statistically significant relation to earnings growth or that greater equality in schooling has led to a decline in income inequality. Results also indicate that computer investment is negatively related to earnings gains and positively associated with changes in both income inequality and the dispersion of worker skills. The findings reports here have direct relevance to ongoing policy debates on educational reform in the U.S.

Does Education Really Help Skill Work and Inequality Century Foundation Books Oxford University Press

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    A Hardback by Edward N. Wolff

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      View other formats and editions of Does Education Really Help Skill Work and Inequality Century Foundation Books Oxford University Press by Edward N. Wolff

      Publisher: Oxford University Press Inc
      Publication Date: 6/15/2006 12:00:00 AM
      ISBN13: 9780195189964, 978-0195189964
      ISBN10: 0195189965

      Description

      Book Synopsis
      This book challenges the conventional wisdom that greater schooling and skill improvement leads to higher wages, that income inequality falls with wider access to schooling, and that the Information Technology revolution will re-ignite worker pay. Indeed, the econometric results provide no evidence that the growth of skills or educational attainment has any statistically significant relation to earnings growth or that greater equality in schooling has led to a decline in income inequality. Results also indicate that computer investment is negatively related to earnings gains and positively associated with changes in both income inequality and the dispersion of worker skills. The findings reports here have direct relevance to ongoing policy debates on educational reform in the U.S.

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