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Race, Poverty, and Domestic Policy$
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C. Henry

Print publication date: 2004

Print ISBN-13: 9780300095418

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300095418.001.0001

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Escalating Differences and Elusive “Skills”

Escalating Differences and Elusive “Skills”

Cognitive Abilities and the Explanation of Inequality

Chapter:
(p.431) 15 Escalating Differences and Elusive “Skills”
Source:
Race, Poverty, and Domestic Policy
Author(s):

Samuel Bowles

Herbert Gintis

Robert Szarka

Publisher:
Yale University Press
DOI:10.12987/yale/9780300095418.003.0022

This chapter argues that the link between cognitive skills and schooling and between schooling and inequality is not clearly established. It discusses what fraction of residual inequality is explained statistically by the variation of cognitive scores across individuals and whether this fraction has changed over time. It also investigates whether cognitive skills become increasingly scarce as measured by their market return. Finally, it analyzes the extent the economic returns to schooling are explained by the contribution of schooling to cognitive skill.

Keywords:   cognitive skills, schooling, inequality, residual inequality, cognitive, market return

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