Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/76517 
Year of Publication: 
2004
Series/Report no.: 
CESifo Working Paper No. 1139
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Using microdata from the 1994-8 International Adult Literacy Survey (IALS) for nine countries, we examine the role of cognitive skills in explaining higher wage inequality in the United States. We find that while the greater dispersion of cognitive test scores in the United States plays a part in explaining higher U.S. wage inequality, higher labor market prices (i.e., higher returns to measured human capital and cognitive performance) and greater residual inequality still play important roles, and are, on average, quantitatively considerably more important than differences in the distribution of test scores in explaining higher U.S. wage inequality.
Document Type: 
Working Paper
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