Obrazovanje, kognitivne sposobnosti i nejednakost prihoda
Education, Cognitive Skills and Inequality of Earnings

Summary/Abstract: The substantial economic returns to schooling have conventionally been interpreted as the evidence for the importance of cognitive skills as a determinant of individual earnings. S. Bowles and H. Gintis argue, however, that schooling raises wages and output per hour of labor in part by transforming individuals in ways which are profitable for the employers, but are not the sort of ªskills´ in the traditional sense. They do not question that schools also produce such skills nor that these skills are important in production; but, if they are correct, skill enhancement explains only a part of the contribution of schooling to individual earnigs. Schooling also raises earnings by its effects on individual norms and preferences; contributing to the creation of what they term incentive enhancing preferences, schools make the prospective worker more attractive to the employer by attenuating problems of work incentives and labor discipline.

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