An essential feature of schooling is not only that it occurs in a different site than most on-the-job training but also that it is more intensive. That is, a smaller proportion of gross potential earnings is sacrificed in on-the-job training than in schooling. In estimating human capital...

CPS data for 1979 to 1988 are used to examine the determinants of employment, actual work, and maternity leave for women in the year following childbirth. Women with better market skills (higher expected wages, older, more education) are more likely than other new mothers to have a job and to...