This article explores Belman and Heywood's sheepskin effect hypothesis using a modified Mincerian wage equation to test the sheepskin effect of returns on education in Colombia. This analysis is based on the 2014 Living Standards Survey from the National Department of Statistics. It includes variables that capture the possession of different…

Between 1991 and 2016, employment among White, Black, and Latino workers grew by 20 percent, while employment in good jobs soared by 35 percent. Yet the opportunities and benefits of the modern economy have not accrued evenly across the three groups. Discrimination and a history of racial injustice in this country have led to Whites gaining a…

This is the executive summary for the report, "The Unequal Race for Good Jobs: How Whites Made Outsized Gains in Education and Good Jobs Compared to Blacks and Latinos." Between 1991 and 2016, White workers built on their past educational and economic privileges to attain bachelor's and graduate degrees in historically high numbers and…

In traditional signaling models, education provides a way for individuals to sort themselves by ability. Employers in turn use education to statistically discriminate, paying wages that reflect the average productivity of workers with the same given level of education. In this paper, we provide evidence that education (specifically, attending…