Education and racial inequality: The human capital explanation revisited
Economics of Education Review Volume 15, Number 3 ISSN 0272-7757 Publisher: Elsevier Ltd
Disadvantaged minorities in the United States, such as blacks and Latinos, earn less than whites but have closed the income gap significantly in the past 50 yrs. Human capital theorists have explained these earnings differences and their decline over time by the relative educational attainment and “quality” of education taken among ethnic/race groups; yet this explanation has been challenged by various views. This paper revisits the controversy with a decade-by-decade analysis of changes in black and Latino educational attainment and the “quality” of their education during the period 1940–1990, and how attainment and quality affected black and Latino earnings relative to whites.
Carnoy, M. Education and racial inequality: The human capital explanation revisited. Economics of Education Review, 15(3), 259-272. Elsevier Ltd.