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Schooling And Occupational Earnings

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  • EDWARD N. WOLFF

Abstract

This paper investigates the relation between schooling and earnings across and within occupations. Across occupations earnings are positively related to mean education. Within occupations the variance in schooling levels is generally substantial, but within two thirds of the occupations no relation between schooling and earnings is observed, while in the remaining third the pattern of sensitivity varies considerably. The sensitivity of earnings to education is greater for white males than white females and substantially greater for whites than blacks. When the white sample is divided into age cohorts, the degree of sensitivity of earnings to schooling is found to be greater for younger cohorts than older ones, except for the youngest cohort in 1970. In the conclusion, a structural interpretation of the distribution of earnings is proposed to account for the findings.

Suggested Citation

  • Edward N. Wolff, 1977. "Schooling And Occupational Earnings," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 23(3), pages 259-278, September.
    • Handle: RePEc:bla:revinw:v:23:y:1977:i:3:p:259-278
    DOI: 10.1111/j.1475-4991.1977.tb00017.x
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    Cited by:

    1. Edward N. Wolff & Joel Hay, 1977. "Educational Screening and Occupational Earnings," NBER Working Papers 0174, National Bureau of Economic Research, Inc.

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