PT - JOURNAL ARTICLE AU - Eric Nielsen TI - The Income-Achievement Gap and Adult Outcome Inequality AID - 10.3368/jhr.0519-10220R3 DP - 2023 Feb 07 TA - Journal of Human Resources PG - 0519-10220R3 4099 - http://jhr.uwpress.org/content/early/2023/02/01/jhr.0519-10220R3.short 4100 - http://jhr.uwpress.org/content/early/2023/02/01/jhr.0519-10220R3.full AB - This paper uses scale-independent methods to contribute to the debate about how academic achievement differences between advantaged and disadvantaged youth have changed over time in the United States. Ordinal methods reveal an unambiguous decrease in the reading gap and an ambiguous change in the math gap between youth from high- versus low-income households from 1980 to 1997. Anchoring these test scores to later-life outcomes in the 1980 cohort suggests that these achievement shifts correspond to a convergence of $30,000 - $50,000 in present-value lifetime income and 0.02-0.05 in high school and college completion rates for youth from high- versus low-income households.