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Haveman, Robert; Knight, Brian – 1999
Between the later 1960s and early 1990s, young workers experienced declining average real wages and increasing labor market inequality. High-skilled youths--those with a college degree--fare better in this new economy relative to youths with few skills and little formal education. This paper studies two separate, but related, indirect effects of…
Descriptors: Adolescents, Educational Attainment, Employees, Income