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The changing value of education


Abstract: Why has the economic value of education stopped rising over the past ten years? The most likely explanation seems to be that the booming economy of the late 1990s helped to increase the average earnings of all workers, including those at the low end of the skills distribution.

Keywords: Education - Economic aspects; Labor market;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2007

Issue: Apr

Order Number: 237