Asked by
Verified
As a result of an increase in the earnings gap between skilled and unskilled jobs, the incentive to get a college education has been declining.
Earnings Gap
The difference in average earnings between two distinct groups, typically referring to disparities based on gender, race, or education level.
College Education
The post-secondary educational experience and credentials obtained from attending a college or university.
Skilled Jobs
Positions that require special training, knowledge, or ability, often acquired through education or experience.
- Comprehend the determinants behind the widening pay disparity between workers with high and low skills.
- Analyze the relationship between education, on-the-job training, and human capital accumulation.
Verified Answer
Learning Objectives
- Comprehend the determinants behind the widening pay disparity between workers with high and low skills.
- Analyze the relationship between education, on-the-job training, and human capital accumulation.
Related questions
Education and On-The-Job Training Are Sources of Human Capital
A Manager of a Small Firm Who Believes in the ...
The Signaling Theory of Education Maintains That Workers Who Complete ...
Some Economists Suggest That Increased International Trade with Countries That ...
One Hypothesis to Explain the Changing Gap in Wages Between ...