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Goldsmith, Arthur H.; Darity, William A., Jr.; & Veum, Jonathan R. (1998). Race, Cognitive Skills, Psychological Capital and Wages. Review of Black Political Economy, 26(2), 9-16.


The observation that blacks earn less than otherwise comparable whites has long been an established "stylized fact" for workers in the U.S. The Thernstroms have most visibly challenged the validity of this "stylized fact" and, in turn, the view that black workers are sabject to wage discrimination, l They argue that poor scholarship---research that neglects the influence of cognitive ability on wages--is responsible for this finding. In general, failure to control for relevant variables leads to inaccurate estimates of the relationship between variables, including the impact of a person's race on their wages.


Reference Type

Journal Article

Year Published


Journal Title

Review of Black Political Economy


Goldsmith, Arthur H.
Darity, William A., Jr.
Veum, Jonathan R.