Racial Labor Market Gaps: The Role of Abilities and Schooling Choices
基于NLSY79数据，通过内生教育选择模型分析能力与教育选择对黑人与白人劳动力市场结果差异的影响，发现即使控制能力后仍存在显著种族差距，且用测试分数衡量能力可能过度补偿能力差异。
This paper studies the relationship between abilities, schooling choices, and black-white differentials in labor market outcomes. The analysis is based on a model of endogenous schooling choices. Agents' schooling decisions are based on expected future earnings, family background, and unobserved abilities. Earnings are also determined by unobserved abilities. The analysis distinguishes unobserved abilities from observed test scores. The model is implemented using data from the NLSY79. The results indicate that, even after controlling for abilities, there exist significant racial labor market gaps. They also suggest that the standard practice of equating observed test scores may overcompensate for differentials in ability.