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Does Education Really Help?: Skill, Work, and Inequality

Author

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  • Wolff, Edward N.

    (New York University)

Abstract

This book challenges the conventional wisdom that greater schooling and skill improvement leads to higher wages, that income inequality falls with wider access to schooling, and that the Information Technology revolution will re-ignite worker pay. Indeed, the econometric results provide no evidence that the growth of skills or educational attainment has any statistically significant relation to earnings growth or that greater equality in schooling has led to a decline in income inequality. Results also indicate that computer investment is negatively related to earnings gains and positively associated with changes in both income inequality and the dispersion of worker skills. The findings reports here have direct relevance to ongoing policy debates on educational reform in the U.S. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780195189964/toc.html

Suggested Citation

  • Wolff, Edward N., 2006. "Does Education Really Help?: Skill, Work, and Inequality," OUP Catalogue, Oxford University Press, number 9780195189964.
    • Handle: RePEc:oxp:obooks:9780195189964
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    Cited by:

    1. Longhi, Simonetta & Brynin, Malcolm, 2006. "The wage effects of graduate competition," ISER Working Paper Series 2006-58, Institute for Social and Economic Research.
    2. Consoli, Davide & Rentocchini, Francesco, 2015. "A taxonomy of multi-industry labour force skills," Research Policy, Elsevier, vol. 44(5), pages 1116-1132.
    3. Edward N Wolff, 2008. "Review 3," Economic Journal, Royal Economic Society, vol. 118(526), pages 132-136, February.
    4. Patriarca, Fabrizio & Vona, Francesco, 2013. "Structural change and income distribution: An inverted-U relationship," Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1641-1658.
    5. Barbara A. Haley, 2017. "Does Stigma Inhibit Labor Force Participation of Young Millennials Who Receive Housing Assistance?," Poverty & Public Policy, John Wiley & Sons, vol. 9(1), pages 71-95, March.

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