Scholars@Duke publication: Race, cognitive skills, psychological capital and wages

Race, cognitive skills, psychological capital and wages

Publication , Journal Article

Goldsmith, AH; Veum, JR; Darity Jr, WA

Published in: Review of Black Political Economy

1998

The Thernstroms have challenged the long established "stylized fact" that blacks earn less than otherwise comparable whites. They argue that research that neglects the influence of cognitive ability on wage is responsible for this finding. In the Thernstrom's view, research that adopts an appropriate specification for the wage equation demonstrates that black workers are paid as comparable white employees. This article casts doubt on the validity of the Thernstrom's claim. The authors find that when psychological capital is included in a model of wage determination, blacks earned significantly less than otherwise comparable white workers.

Duke Scholars

Author William A. Darity Jr. Sanford School of Public Policy

Published In

Review of Black Political Economy

Publication Date

1998

Volume

Issue

Start / End Page

18 / 21

Related Subject Headings

Economics
4404 Development studies
3801 Applied economics
1402 Applied Economics

Citation

APA

Chicago

ICMJE

MLA

NLM

Goldsmith, A. H., Veum, J. R., & Darity Jr, W. A. (1998). Race, cognitive skills, psychological capital and wages. Review of Black Political Economy, 26(2), 18–21.

Goldsmith, A. H., J. R. Veum, and W. A. Darity Jr. “Race, cognitive skills, psychological capital and wages.” Review of Black Political Economy 26, no. 2 (1998): 18–21.

Goldsmith AH, Veum JR, Darity Jr WA. Race, cognitive skills, psychological capital and wages. Review of Black Political Economy. 1998;26(2):18–21.

Goldsmith, A. H., et al. “Race, cognitive skills, psychological capital and wages.” Review of Black Political Economy, vol. 26, no. 2, 1998, pp. 18–21.

Goldsmith AH, Veum JR, Darity Jr WA. Race, cognitive skills, psychological capital and wages. Review of Black Political Economy. 1998;26(2):18–21.