Education, Income, and Ability.

Griliches, Zvi; Mason, William M.

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Peer reviewed

ERIC Number: EJ080508

Record Type: CIJE

Publication Date: 1972

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Education, Income, and Ability

Griliches, Zvi; Mason, William M.

Journal of Political Economy, 80, 3 pt 2, 74-103, May-Jun 72

Current estimates of the contribution of education to economic growth have been questioned because they ignore the interaction of education with ability. Whether the neglect of ability differences in the analyses of the income-education relationship results in estimates which are too high is considered in this paper, using a 1964 sample of U.S. military veterans. (Authors)

Descriptors: Academic Ability, Academic Achievement, Data Analysis, Educational Quality, Income, Intelligence Differences, Parent Background, Socioeconomic Influences, Statistical Data, Veterans

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