High School Graduation in the Context of Changing Elementary and Secondary Education Policy and Income Inequality: The Last Half Century

Nora E. Gordon

NBER Working Paper No. 19049
Issued in May 2013

---- Acknowledgments ----

This paper was prepared for the Human Capital and History Conference, held in Cambridge in honor of Claudia Goldin on December 7 and 8, 2012. The author thanks the conference and editorial team of Leah Boustan, Carola Frydman and Bob Margo for their thoughtful suggestions and guidance. Thanks to Richard Murnane and Sarah Reber for helpful discussions, and to Elizabeth Cascio and Sarah Reber for education spending data. Maria Joy and Meredith Zackey provided excellent research assistance. I am indebted to Claudia Goldin for her sage and kind mentorship. She sparked my interest in the historical evolution of educational institutions and human capital, and innumerable other topics, economic and otherwise. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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