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College Attainment, Income Inequality, and Economic Security: A Simulation Exercise / Brad Hershbein, Melissa Schettini Kearney, Luke W. Pardue.
- Format:
- Book
- Author/Creator:
- Hershbein, Brad.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26747.
- NBER working paper series no. w26747
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- College Attainment, Income Inequality, and Economic Security
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2020.
- Summary:
- We conduct an empirical simulation exercise that gauges the plausible impact of increased rates of college attainment on a variety of measures of income inequality and economic insecurity. Using two different methodological approaches--a distributional approach and a causal parameter approach--we find that increased rates of bachelor's and associate degree attainment would meaningfully increase economic security for lower-income individuals, reduce poverty and near-poverty, and shrink gaps between the 90th and lower percentiles of the earnings distribution. However, increases in college attainment would not significantly reduce inequality at the very top of the distribution.
- Notes:
- Print version record
- February 2020.
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