College attainment, Income inequality, and economic security: A simulation exercise
By: Hershbein, B. et al
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Material type: 
BookPublisher: AEA Papers and Proceedings Description: 110, May, 2020: p.352-355.
In:
AEA Papers and ProceedingsSummary: We conduct an empirical simulation exercise that gauges the plausible impact of increased rates of college attainment on a variety of measures of income inequality and economic insecurity. Using two different methodological approaches—a distributional approach and a causal parameter approach—we find that increased rates of BA and AA attainment would meaningfully increase economic security for lower income individuals and shrink gaps between the 90th percentile and lower percentiles. Increases in college attainment would not significantly reduce inequality at the very top of the distribution, as measured by the 99/90 earnings ratio. – Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 110, May, 2020: p.352-355 | Available | AR123963 |
We conduct an empirical simulation exercise that gauges the plausible impact of increased rates of college attainment on a variety of measures of income inequality and economic insecurity. Using two different methodological approaches—a distributional approach and a causal parameter approach—we find that increased rates of BA and AA attainment would meaningfully increase economic security for lower income individuals and shrink gaps between the 90th percentile and lower percentiles. Increases in college attainment would not significantly reduce inequality at the very top of the distribution, as measured by the 99/90 earnings ratio. – Reproduced
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