Asian-Americans' returns to education
Thesis (M.P.P.)--Georgetown University, 2011.; Includes bibliographical references.; Text (Electronic thesis) in PDF format. Despite many major policy innovations aimed at reducing Black-Americans' economic disadvantage since 1965, Black-Americans, as a minority ethnic group, have still fallen behind economically relative to other groups. In an attempt to provide policy recommendations for improving the plight of economically disadvantaged minorities in United States, this paper examines the returns to education in 1960, 1980 and 2008 for a group that has been successful in the labor market, Asian-Americans, and compares them to their non-Hispanic White counterparts. Under Mincer's Human Capital Earnings Function (HCEF), this paper pools the 1960 1% census sample, 1980 5% census sample and 2008 1% American Community Survey sample and uses a least squares approach in the analysis. The outcome of the empirical study shows that Asian-Americans, especially males, have higher returns to post-secondary education. This holds true even if we account for country of origin and diploma-earning effects.
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