Factor Endowments and the Returns to Skill: New Evidence from the American Past
---- Acknowledgements ----
This paper previously circulated under the title "The Returns to Education in the Early Twentieth Century: New Historical Evidence." We thank Audrey Light, Peter Meyer, Rick Steckel, Robert Whaples, and participants at the NBER Summer Institute, 2006 Economic History Association Annual Meetings, and the 2006 Social Science History Association Annual Meetings for comments on a previous version of this paper. We thank Joshua Cepluch, Sharmistha Dey, and Britney Williams for excellent research assistance. We gratefully acknowledge the financial support of the OSU Economics fund for Junior Faculty Research. The usual disclaimer applies. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.