Castex, Gonzalo; Dechter, Evgenia Kogan - In: Journal of Labor Economics 32 (2014) 4, pp. 685-685
This study examines changes in returns to formal education and cognitive skills over the past 20 years using the 1979 and 1997 waves of the National Longitudinal Survey of Youth. We show that cognitive skills had a 30%–50% larger effect on wages in the 1980s than in the 2000s. Returns to...
