New PDF release: Agenda for the Nation

By Henry J. Aaron, James M. Lindsay, Pietro S. Nivola

ISBN-10: 0815701268

ISBN-13: 9780815701262

This article analyses the main household and international coverage demanding situations dealing with the united states over the 2000s. It explores the demanding situations and possibilities bobbing up from the battle on terrorism, financial progress, globalization and an more and more different - and getting older - society.

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Quarterly Journal of Economics, vol. 113, no. 4 (1998), table 1. The 1915 to 1940 change in the college wage premium uses samples of full-year workers from Iowa and the methods of Claudia Goldin and Lawrence F. Katz, “Education and Income in the Early Twentieth Century: Evidence from the Prairies,” Journal of Economic History, vol. 60, no. 3 (2000), pp. 782–818. wage growth among low earners. These developments slowed the trend toward increasing wage inequality—and in the late 1990s even narrowed wage inequality among workers whose earnings were below the median.

We then ran a regression of log mean years of schooling on a full set of birth cohort dummies and a quartic in age, pooling all the samples from 1940 to 2000 for native-born residents aged twenty-five to sixty-four (covering birth cohorts from 1876 to 1975). The age coefficients from this regression were used to create age-adjusted measures of schooling evaluated at age thirty-five. For birth cohorts observed at age thirty-five in one of our sample years, we used actual mean years of schooling at that age.

A. a. S. federal population censuses; 1980 and 2000 CPS MORG samples. a. Details of the construction of the labor quality index are given in appendix 2B. The reported labor force quality changes are based on labor force quality indexes using chain-weighted prices. The indexes cover the civilian work force (aged sixteen or older) in each year. The chain-weighted index covering years t to t' uses a predicted wage, based on average wage differentials for t and t'. The employment-based indexes weight workers by their sampling weights; the hours-based indexes weight workers by the product of their sampling weight and their hours worked in the survey reference week.

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Agenda for the Nation by Henry J. Aaron, James M. Lindsay, Pietro S. Nivola


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