Changes in the Characteristics of American Youth: Implications for Adult Outcomes
研究了1970年代末至1990年代末美国青年特征的变化,发现当前一代技能更高,但技能分布更宽,若趋势持续,2025年工资不平等将大幅增加。
We examine changes in the characteristics of American youth between the late 1970s and the late 1990s, with a focus on characteristics that matter for labor market success. The current generation is more skilled than the previous one. Blacks and Hispanics have gained relative to whites, and women have gained relative to men. However, the skill distribution has widened overall. Shifts in parental education generate many of the observed changes. We also provide speculative estimates suggesting that if recent trends in technology and the supply of human capital continue, wage inequality will increase substantially by 2025.