Recent development of explicit theoretical and empirical earnings functions from life cycle human capital investment models increases the potential to explain existing earnings distributions and to predict changes in it. The purpose of this paper is to suggest how these earnings functions can be...

The objective of this research is to develop and estimate an economic model of nonmarital cohabitation, marriage, and divorce that is consistent with current data on the formation and dissolution of relationships. Jovanovic's (1979) theoretical matching model is extended to help explain...

This paper examines cohort and ethnic differences in education, the timing of marriage, and the timing of first conception for women in Peninsular Malaysia. We examine the roles of education and enrollment in delaying marriage and first conception and the role of marriage in delayed first...

In this paper we explore evidence concerning the relationship between parents' and children's education using a new body of data, the Second Malaysian Family Life Survey (MFLS-2), which contains information on the education of as many as four generations within a given family. These data allow...

This paper introduces and tests for the endogeneity of job tenure and number of jobs in the wage equation using panel data uniquely suited for that purpose -- the National Longitudinal Survey of Youth (NLSY). The model is multi-level in that there is wage dynamics -- random intercept, random...

This research addresses the effect of prescription drug insurance coverage on the use and expenditures for prescription medications in the elderly.

The purpose of this paper is to consider human capital models of earning behavior over an individual lifetime. A general class of life cycle models relating to individual earnings behavior is developed by considering alternative formulation of the basic Ben- Porath type model. An explicit...

The purpose of this paper is to outline a set of conditions under which human wealth is an index of well-being in a life cycle as prefatory to empirical estimates earnings and human wealth distributions for the1960 Census population.