Education, Experience, and Wage Inequality: 1939-1969

Susan Bartlett

Journal of Human Resources, 1978, vol. 13, issue 3, 349-365

Abstract: This study uses Census data to estimate changes in the effects of education and work experience on annual income for males between 1939 and 1969. The benefits of an additional year of schooling fell by approximately 31 percent between 1939 and 1949 but were virtually stable between 1949 and 1969. The pattern of change in the effects of work experience is similar. Changes in the industrial mix do not adequately explain these changes in returns to schooling and experience. The analysis suggests that changes in returns to education and experience from 1939 to 1949 were mainly due to changes in the unemployment rate.

Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:13:y:1978:i:3:p:349-365

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