School performance and the youth labor market

• 成果类型: Article
• 署名作者: Murphy, KM; Peltzman, S
• 署名单位: University of Chicago
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/381251
• 发表日期: 2004
• 页码: 299-327
• 关键词: POLITICAL-ECONOMY; public-education; returns

摘要

We estimate how 1970-90 changes in an outcome-based measure of school quality ( state average test scores) affected changes in earnings for those leaving high school to enter a state's labor force. We find that a one standard deviation deterioration in a state's relative test score performance is associated with a 3% (or .5 SD) reduction in average wages of young entrants to the labor force. We also find a similar decline in college matriculation. There is weak evidence that the school quality effect on earnings diminishes as labor force entrants acquire experience.