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Title: Social Returns to Quantity and Quality of Education: A Further Statement
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Link, Charles R. Ratledge, Edward C. |
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Social Returns to Quantity and Quality of Education: A Further Statement Journal of Human Resources 10,1 (Winter 1975): 78-89. Also: http://www.jstor.org/stable/145120 Cohort(s): Young Men Publisher: University of Wisconsin Press Keyword(s): Earnings; Educational Costs; Educational Returns; Schooling Data from a large sample of young black and white males (out of school) are utilized to analyze the impact of the quantity and quality of education (district-wide annual expenditures per student) on earnings. Large but diminishing returns to incremental expenditures are observed. The findings also suggest that education's role in the large relative gains in black earnings during the 1960s worked through quality instead of quantity aspects. Finally, the returns to education are sensitive to the specification of the potential labor market experience variable. |
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Bibliography Citation
Link, Charles R. and Edward C. Ratledge. "Social Returns to Quantity and Quality of Education: A Further Statement." Journal of Human Resources 10,1 (Winter 1975): 78-89.
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