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

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Author Info
Mincer, Jacob
Abstract

In this work, the author enquires into the empirical validity and some implications of Yoram Ben-Porath's insights. Section 2 answers the question of whether there are the shapes and magnitudes of growth in wage profiles largely attributable to human capital investments. Section 3 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 4, implications are drawn from Ben-Porath's model for interpersonal differences and for the correlation between schooling and training. Copyright 1997 by University of Chicago Press.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 15 (1997)
Issue (Month): 1 (January)
Pages: S26-47
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Handle: RePEc:ucp:jlabec:v:15:y:1997:i:1:p:s26-47

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  1. Olivier Charlot, 2005. "Éducation, emploi et participation au marché du travail dans un modèle d'appariement," Recherches économiques de Louvain, De Boeck Université, vol. 71(1), pages 35-66. [Downloadable!]
  2. Dr K K Tang & Mr Rodney Beard, 2002. "Comparing Income Distributions Between Economies That Reward Innovation And Those That Reward Knowledge," Discussion Papers Series 314, School of Economics, University of Queensland, Australia. [Downloadable!]
  3. Arleen Leibowitz, 2003. "In-Home Training and the Production of Children's Human Capital," Review of Economics of the Household, Springer, vol. 1(4), pages 305-317, December. [Downloadable!] (restricted)
  4. Mark Hugget & Gustavo Ventura & Amir Yaron, 2002. "Human Capital and Earnings Distribution Dynamics," NBER Working Papers 9366, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. Étienne Wasmer, 2004. "Labor supply dynamics, unemployment and experience in the labor market," Recherches économiques de Louvain, De Boeck Université, vol. 70(4), pages 461-482. [Downloadable!]
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  6. Peter Dolton & Gerald Makepeace & Oscar Marcenaro-Gutierrez, 2005. "Career progression: Getting-on, getting-by and going nowhere," Education Economics, Taylor and Francis Journals, vol. 13(2), pages 237-255, June. [Downloadable!] (restricted)
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  7. Domeland, Dorte, 2007. "Trade and human capital accumulation: evidence from U.S. immigrants," Policy Research Working Paper Series 4144, The World Bank. [Downloadable!]
  8. Mark Huggett & Gustavo Ventura & Amir Yaron, 2007. "Sources of Lifetime Inequality," NBER Working Papers 13224, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Wasmer, Etienne, 1998. "Labour Supply Dynamics, Unemployment and Human Capital Investments," Seminar Papers 651, Stockholm University, Institute for International Economic Studies. [Downloadable!]
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  10. Gilles Le Garrec, 2005. "Social security, inequality and growth," Documents de Travail de l'OFCE 2005-22, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
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