Table of Contents:
  • Earnings: higher education, mental ability, and screening
  • The human-capital approach to higher education
  • Effects of education and mental ability on income: the evidence from the Wolfle-Smith data
  • The NBER-TH sample: a description
  • The NBER-TH sample regression results
  • Age-earnings profiles
  • Rates of return to education based on the NBER-TH data
  • Within-occupation regressions
  • Education as a screening device.