Central Data Catalog

Citation Information

Type Working Paper
Title Trends in quality adjusted skill premia in the US, 1960-2000
Publication (Day/Month/Year) 2010
URL https://www.econstor.eu/bitstream/10419/51752/1/66322814X.pdf
This paper presents new evidence that increases in college enrollment lead to a decline in
the average quality of college graduates between 1960 and 2000, resulting in a decrease of
6 percentage points in the college premium. We show that although a standard demand and
supply framework can qualitatively account for the trend in the college and age premia over
this period, substantial quantitative adjustments still need to be made to account for changes
in quality.

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