Beyond signaling and human capital: Education and the revelation of ability
| dc.contributor.author | Arcidiacono, Peter | |
| dc.contributor.author | Bayer, Patrick | |
| dc.contributor.author | Hizmo, Aurel | |
| dc.date.accessioned | 2011-06-21T17:30:47Z | |
| dc.date.issued | 2010-10-01 | |
| dc.description.abstract | We provide evidence that college graduation plays a direct role in revealing ability to the labor market. Using the NLSY79, our results suggest that ability is observed nearly perfectly for college graduates, but is revealed to the labor market more gradually for high school graduates. Consequently, from the beginning of their careers, college graduates are paid in accordance with their own ability, while the wages of high school graduates are initially unrelated to their own ability. This view of ability revelation in the labor market has considerable power in explaining racial differences in wages, education, and returns to ability. | |
| dc.description.version | Version of Record | |
| dc.identifier.eissn | 1945-7790 | |
| dc.identifier.issn | 1945-7782 | |
| dc.identifier.uri | ||
| dc.language.iso | en_US | |
| dc.publisher | American Economic Association | |
| dc.relation.ispartof | American Economic Journal: Applied Economics | |
| dc.relation.isversionof | 10.1257/app.2.4.76 | |
| dc.relation.journal | American Economic Journal-Applied Economics | |
| dc.title | Beyond signaling and human capital: Education and the revelation of ability | |
| dc.title.alternative | ||
| dc.type | Journal article | |
| duke.date.pubdate | 2010-10-0 | |
| duke.description.issue | 4 | |
| duke.description.volume | 2 | |
| pubs.begin-page | 76 | |
| pubs.end-page | 104 | |
| pubs.issue | 4 | |
| pubs.organisational-group | Duke | |
| pubs.organisational-group | Duke Population Research Center | |
| pubs.organisational-group | Duke Population Research Institute | |
| pubs.organisational-group | Economics | |
| pubs.organisational-group | Sanford School of Public Policy | |
| pubs.organisational-group | Trinity College of Arts & Sciences | |
| pubs.publication-status | Published | |
| pubs.volume | 2 |