Are law degrees as valuable to minorities?
Autor: | Michael Simkovic, Frank McIntyre |
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Rok vydání: | 2018 |
Předmět: |
050502 law
Economics and Econometrics Inequality Earnings media_common.quotation_subject education 05 social sciences Ethnic group Bachelor humanities American Community Survey Law 0502 economics and business Economics 050207 economics Survey of Income and Program Participation Legal profession health care economics and organizations Finance 0505 law media_common |
Zdroj: | International Review of Law and Economics. 53:23-37 |
ISSN: | 0144-8188 |
DOI: | 10.1016/j.irle.2017.09.004 |
Popis: | We estimate the increase in earnings from a law degree relative to a bachelor’s degree for graduates of different race/ethnic groups. Law earnings premiums are higher for whites than for minorities (excluding individuals raised outside the U.S.). The median annual law earnings premium is approximately $41,000 for whites, $34,000 for Asians, $33,000 for blacks, and $28,000 for Hispanics. Law earnings premiums for whites, blacks and Hispanics have trended upward and appear to be gradually converging. Approximately 90% of law graduates are white compared to approximately 82% of bachelor’s degree holders. |
Databáze: | OpenAIRE |
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