Template-Type: ReDIF-Paper 1.0
Author-Name:  Chinhui Juhn
Author-X-Name-First: Chinhui
Author-X-Name-Last: Juhn
Author-Email:  cjuhn@uh.edu
Author-Workplace-Name: Department of Economics, University of Houston
Author-Name:  Dae-Il Kim	
Author-X-Name-First: Dae-Il
Author-X-Name-Last: Kim
Author-Workplace-Name: School of Economics, Seoul National University
Author-Name:  Francis Vella	
Author-X-Name-First: Francis
Author-X-Name-Last: Vella
Author-Workplace-Name: Department of Economics, European University Institute
Title:  The Expansion of College Education in the United States: Is There Evidence of Declining Cohort Quality?
Abstract: This paper documents the expansion of college education in the U.S. and examines to
what extent the increase in the number of college graduates may have lead to a decline in the
average quality of college graduates. Using the 1940-1990 Census, we compare across birth year
cohorts with varying levels of college completion. We find some weak evidence that college
graduate men from highly educated cohorts earn a relatively smaller wage premium even
controlling for the relative supply effect. However, these cohort quality effects account for only a
small fraction of the recent fluctuation in the college wage premium.
Length:  35 pages
Creation-Date:  2004-09
File-URL: http://www.uh.edu/econpapers/RePEc/hou/wpaper/2004-02.pdf
File-Format: Application/pdf
Number: 2004-02
Classification-JEL: I20, J24, J31
Handle: RePEc:hou:wpaper:2004-02