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Economic Mobility

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Increasing education: What it will and will not do for earnings and earnings inequality

March 31, 2015, Brad Hershbein, Melissa S. Kearney and Lawrence H.Summers

Scholars and public commentators have recently debated the impact of education on earnings and earnings inequality. Some have argued that improving education is not the sole solution to inequality. In this economic analysis, Brad Hershbein, Melissa Kearney and Lawrence H. Summers clarify the different elemnts of the public debate and note explicitly that these positions are not necessarily at odds.

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