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We derive a tractable nonlinear earnings function which we estimate separately for each individual in the NLSY79 data. These estimates yield five important parameters for each individual: three ability measures (two representing the ability to learn and one the ability to earn), a rate of skill...
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Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and post-secondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation...
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The changes in women’s and men’s work lives have been considerable in recent decades. Yet much of the recent research on gender differences in employment and earnings has been of a more snapshot nature rather than taking a longer comparative look at evolving patterns. In this paper, we use...
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This paper examines the long-run effects of the 1980-1982 recession on education and income. Using confidential Census … capita in their county of birth reduces four-year college degree attainment by 10 percent and income in adulthood by 3 … graduates and $42-$87 billion less earned income per year. …
Persistent link: https://www.econbiz.de/10012022789