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: we examine new outcomes related to labor force participation, human capital, and family formation and we do not restrict … men's educational or family outcomes. The results are quite different for women: we find effects on both career and family … attainment by 5 percentage points and earnings by 14 percent, while reducing their likelihood of marriage by 4 percentage points …
Persistent link: https://www.econbiz.de/10012480966
workplace "family friendliness" and analyze the effect of more family friendly workplaces on the career gaps between mothers and … fathers. We find that exogenously moving mothers to more family friendly workplaces would raise their wages and labor income … the parental gender gap in wages and income. At the same time, working in more family friendly workplaces would not reduce …
Persistent link: https://www.econbiz.de/10012453540
Time preference is a key determinant of occupational choice and investments in human capital. Since careers are characterized by different wage growth prospects, individual discount rates play an important role in the relative valuation of jobs or occupations. We predict that individuals with...
Persistent link: https://www.econbiz.de/10012471233
This study uses Current Population Survey cohort data and the National Longitudinal Survey for men aged 14-24 in 1966 to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market for graduates. The principal finding is that the...
Persistent link: https://www.econbiz.de/10012478365
The quantitative effects and even the existence of "human capital depreciation" phenomena has been a subject of controversy in the recent literature. Prior work, however, was largely cross-sectional and theiotgitudina1 dimension, if any, was retrospective. Using longitudinal panel data (on...
Persistent link: https://www.econbiz.de/10012478658
One of the fastest-growing areas of finance research is the study of managerial biases and their implications for firm outcomes. Since the mid-2000s, this strand of behavioral corporate finance has provided theoretical and empirical evidence on the influence of biases in the corporate realm,...
Persistent link: https://www.econbiz.de/10012481183
We explore the impact on depressive symptoms of deviation in actual labor force behavior at age 62 from earlier expectations. Our sample of 4,241 observations is drawn from the Health and Retirement Study (HRS). We examine workers who were less than 62 years of age at the 1992 HRS baseline, and...
Persistent link: https://www.econbiz.de/10012464212
Two main career paths are prevalent among politicians in modern democracies: there are career politicians (i.e., politicians who work in the political sector until retirement), and political careers (i.e., there are politicians who leave politics before retirement and work in the private...
Persistent link: https://www.econbiz.de/10012465735
New graduates of elite MBA programs flock to Wall Street during bull markets and start their careers elsewhere when the stock market is weak. Given the transferability of MBA skills, it seems likely that any effect of stock returns on MBA placement would be short-lived. In this paper, I use a...
Persistent link: https://www.econbiz.de/10012466610
We explore the dynamics of the agricultural ladder (the progression from laborer to cropper to renter) in the U.S. before 1940 using individual-level data from a survey of farmers conducted in 1938 in Jefferson County, Arkansas. Using information on each individual's complete career history...
Persistent link: https://www.econbiz.de/10012467454