To make high-quality research more accessible and easier to explore.

Fields:
3 results ✕ Clear filters

The Production of Human Capital and the Life Cycle of Earnings: Variations on a Theme

Journal of Labor Economics 1997 15(1, Part 2), S26-S47
In this work I enquire into the empirical validity and some implications of Yoram Ben-Porath's insights. Section II answers the question, Are the shapes and magnitudes of growth in wage profiles largely attributable to human capital investments? Section III tests the proposition that over the working age capacity wages decline before observed wages do. Implied timing of labor supply provides the test. In Section IV implications are drawn from Ben-Porath's model for interpersonal differences and for the correlation between schooling and training.

Intercountry Comparisons of Labor Force Trends and of Related Developments: An Overview

Journal of Labor Economics 1985 3(1, Part 2), S1-S32
This paper is a survey of analyses of women's labor force growth in 12 industrialized countries, originally presented at a conference in Sussex, England, in June 1983. The main focus of the conference papers and of the current survey is on growth of the labor force of married women in the years 1960-80. Trends in fertility, wages, and family instability also receive attention as related developments. Married women's labor force growth is observed in all countries, except for the USSR after 1970, where labor force rates of women reached the level of men. Growth rates differ among countries. They apparently respond to growth in real wages and to growth in education, but response elasticities differ among countries. Estimates of these elasticities contained in the country papers were helpful in predicting the trends. Other findings include ubiquitous declines in fertility and growth of divorce in the 1970s. Both developments are related to long-run labor force growth. In all countries, wages of women were lower than wages of men. The 1960 average gap of 38% narrowed to 29% in 1980. Factors related to these trends, including public policy, are discussed in the survey.