This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated … inequality among these groups but it could have contributed to the decline in wages for the least educated. Instead, support is …

largely attributable to human capital investments? Section 3 tests the proposition that over the working age capacity wages (i ….e. wages before netting out investment) decline before observed wages do. Implied timing of labor supply provides the test. The …

the mainstream of economic theory and within the power of its analytical and econometric tools. Human capital is not the …. The following is a description of research in the distribution of labor incomes in which human capital theory serves as an …

country characteristics that lead to high wages at the time of entry also lead to faster wage growth …

experience profiles of wages is explained, in part, by changes in relative demographic supplies (cohort effects), and in part by …

turn use education to statistically discriminate, paying wages that reflect the average productivity of workers with the … paid in accordance with their own ability, while the wages of high school graduates are initially completely unrelated to … differences in wages, education, and the returns to ability. In particular, we find no racial differences in wages or returns to …