Schooling, Intelligence, and Income in America: Cracks in the Bell Curve

@article{Ashenfelter1999SchoolingIA,
  title={Schooling, Intelligence, and Income in America: Cracks in the Bell Curve},
  author={Orley C. Ashenfelter and Cecilia Elena Rouse},
  journal={Labor: Human Capital},
  year={1999}
}
One of the best documented relationships in economics is the link between education and income: higher educated people have higher incomes. Advocates argue that education provides skills, or human capital, that raises an individual's productivity. Critics argue that the documented relationship is not causal. Education does not generate higher incomes; instead, individuals with higher ability receive more education and more income. This essay reviews the evidence on the relationship between… 

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