Download Agenda for the Nation by Henry J. Aaron, James M. Lindsay, Pietro S. Nivola PDF

By Henry J. Aaron, James M. Lindsay, Pietro S. Nivola

This article analyses the most important family and international coverage demanding situations dealing with the USA over the 2000s. It explores the demanding situations and possibilities coming up from the battle on terrorism, monetary progress, globalization and an more and more diversified - and getting older - society.

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23 From 1915 to the 1970s, when increasing supply more than offset the added demand for skilled workers, educational wage differentials narrowed. Since 1980, demand for welleducated workers has outpaced supply, and educational wage differentials have been rising in consequence. 24 Since about 1980, several factors have boosted education returns and wage inequality in the United States. The growth in the supply of college-educated workers has slowed, and the demand for better educated workers has risen—a change that has been driven, in part, by technological and organizational changes.

The convergence slowed for cohorts born between 1940 and 1960 and slowed further for those born since 1960. 6 years—one-sixth of what it was a century ago. s. economic growth 23 Figure 2-1. S. S. federal population censuses; 1999 and 2000 Current Population Survey (CPS) Merged Outgoing Rotation Group (MORG) samples. a. Figure plots mean years of completed schooling for native-born residents by birth cohort at thirty-five years of age (data for cohorts not observed at exactly this age were adjusted to age thirtyfive).

Delong, c. goldin, and l. f. katz 26 Figure 2-4. 2 1940 1960 1980 2000 Source: Table 2A-1. Educational Attainment of the Work Force and Educational Wage Differentials To measure the impact of human-capital accumulation on economic growth, we must measure the educational attainment of the work force and the economic returns to educational investments. S. 4 years. S. workers had graduated from high school and fewer than 6 percent had a college degree. By 2000, 89 percent had graduated from high school and 28 percent had a college degree.

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