All of our choices and all that sets us apart are governed by what we can do, what we want to do, and what we know. This dissertation aims to quantify two of these channels to better understand why we differ. The first two chapters focus on what we know and how it shapes societal gaps. The first chapter attacks the question of how much of the gap…

We assess the role of information gaps in understanding gender differences in negotiation behavior by conducting a randomized information experiment on the 2018 to 2020 graduating cohorts of undergraduate business majors from Boston University. Prior to starting their job search, treated students were provided with objective information about the…

Despite decades and hundreds of billions of dollars of federal and state investment in policies to promote postsecondary educational attainment as a key lever for increasing the economic mobility of lower income populations, research continues to show large and meaningful differences in the mid-career earnings of students from families in the…

In 2021, Child Trends was selected to conduct a literature review and develop a policy and practice report to map the history of systemic racism in the U.S. and how it has influenced early childhood education (ECE) policy and practice, with a particular focus on educator pay and benefits, preparation, and workforce stability. This report…

The quality of the early environment children experience influences their human capital development. We investigate retention and compensation in the Early Care and Education workforce by merging datasets from three different government agencies in Texas. We employ non-structural methods to compare turnover and pay in Early Care and Education with…

This report examines the growing interest in expanding access to postsecondary education through non-degree certificate programs and associate degree programs. This policy report seeks to better understand the implications of these trends by analyzing employment experiences and earnings outcomes of individuals whose highest level of educational…

We use the near universe of U.S. online job ads to document four new facts about the skills employers demand from college majors. First, some skills--social and organizational--are demanded from all majors whereas others--financial and customer service--are demanded from only particular majors. Second, some majors have skill demand profiles that…

This paper studies the causal impacts of public universities on the outcomes of their marginally admitted students. I use administrative admission records spanning all 35 public universities in Texas, which collectively enroll 10 percent of American public university students, to systematically identify and employ decentralized cutoffs in SAT/ACT…

We survey undergraduate students at a large public university to understand the pecuniary and non-pecuniary factors driving their college major and career decisions with a focus on K-12 teaching. While the average student reports there is a 6% chance they will pursue teaching, almost 27% report a nonzero chance of working as a teacher in the…

This study investigates the impact of the extension of the duration of general education on educational opportunities and labour market performance. Taking the example of the Polish education reform of 1999, which we treated as a natural experiment, we used a regression discontinuity design and estimated the effects of an additional year of…

Using data collected from more than 5.8 million high school and college graduates ages 18 to 65 years who participated in the American Community Survey between 2009 and 2021, the authors estimate the internal rates of return (IRRs) for individuals with college degrees in 10 broad majors compared with high school graduates. The analysis shows…

The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…

Background: The landscape of education is increasingly recognizing the impactful role of Career and Technical Education (CTE) programs in preparing students for the workforce. In Delaware, the implementation of CTE programs has been substantial, offering students opportunities to earn college credits, attain industry certifications, and gain…

Using administrative data from Delaware and aggregate occupational wage data from the Bureau of Labor Statistics, this paper examines expected wage inequality in Career and Technical Education (CTE) by analyzing how student demographics relate to selection into programs of study (POS) with different expected wages. Through multilevel mixed-effects…

This research brief examines race-based disparities in the lifetime earnings of Kentuckians at the same educational attainment level. It relies on data from the 2016-18 American Community Survey to approximate lifetime earnings for full-time workers with at least a high school diploma. It is the third of three research briefs on lifetime earnings…