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This book challenges the conventional wisdom that greater schooling and skill improvement leads to higher wages, that income inequality falls with wider access to schooling, and that the Information Technology revolution will re-ignite worker pay. Indeed, the econometric results provide noevidence that the growth of skills or educational attainment has any statistically significant relation to earnings growth or that greater equality in schooling has led to a decline in income inequality. Results also indicate that computer investment is negatively related to earnings gains andpositively associated with changes in both income inequality and the dispersion of worker skills. The findings reports here have direct relevance to ongoing policy debates on educational reform in the U.S.
Labour market --- Labour economics --- Adult education. Lifelong learning --- Income --- United States --- Labor supply --- Occupational training --- Income distribution --- Effect of education on --- United States of America --- Labor Supply --- Occupational Training --- Income Distribution --- Business & Economics
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Compiles and analyses the data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden and Finland during the 1990s and into the twenty-first century. This work also shows that in the US, trends are highlighted in terms of wealth holdings among the low-income population.
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