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Education and Income in the Early Twentieth Century

Evidence from the Prairies

Bibliographic Data

ID10100599
AuthorsClaudia Goldin (0000-0003-3842-1604, Harvard University, corresponding author), Lawrence F Katz (Harvard University)
Year2000
Volume60
Issue03
Pages782-818
Publication date2000-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700000334
OpenAlexW3123137674
LanguageEN
Citations received59
References cited21

We present the first estimates of the returns to years of schooling before 1940 using a large sample of individuals (from the 1915 Iowa State Census). The returns to a year of high school or college were substantial in 1915—about 11 percent for all males and in excess of 12 percent for young males. Education enabled individuals to enter lucrative white-collar jobs, but sizable educational wage differentials also existed within occupational groups. Returns were substantial even for those in farming. We find, using U.S. census data, that returns to education decreased between 1915 and 1940 and again during the 1940s

Agriculture · Archaeology · Census · Collar · Demographic economics · Economics · Geography · Labour economics · Population · Sample (material · Sociology · Wage · White (mutation · Demography · Finance · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Intergenerational and Educational Inequality Studies · School Choice and Performance

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Unique citing works38
Citations per year2,19
Citation span1999 - 2026 (28)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 57

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