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Heterogeneous Human Capital, Occupational Choice, and Male-Female Earnings Differences

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Author Info
Paglin, Morton
Rufolo, Anthony M
Abstract

Human capital models have mainly focused on the rate of return to investment in a homogeneous stock of capital. Yet, individuals have different initial attributes that determine comparative advantage in producing different types of human capital. The authors find that mathematical ability is an important determinant of field choice for college students and that differences in earnings across fields are largely explained as a return to the use of scarce quantitative abilities in the production of each type of human capital. The model successfully accounts for the observed male-female differences in earnings and occupational choices of recent college graduates. Copyright 1990 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): 8 (1990)
Issue (Month): 1 (January)
Pages: 123-44
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Handle: RePEc:ucp:jlabec:v:8:y:1990:i:1:p:123-44

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  1. Charles Brown & Mary Corcoran, 1996. "Sex-Based Differences in School Content and the Male/Female Wage Gap," NBER Working Papers 5580, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Brahim Boudarbat & Claude Montmarquette, 2007. "Choice of Fields of Study of Canadian University Graduates: The Role of Gender and their Parents’ Education," IZA Discussion Papers 2552, Institute for the Study of Labor (IZA). [Downloadable!]
  3. Joop Hartog & Mirjam van Praag & Justin van der Sluis, 2008. "If you are so smart, why aren’t you an Entrepreneur?," Tinbergen Institute Discussion Papers 08-073/3, Tinbergen Institute. [Downloadable!]
  4. BONOMO, Marco & GARCIA, René, 1997. "Tests of Conditional Asset Pricing Models in the Brazilian Stock Market," Cahiers de recherche 1997, Universite de Montreal, Departement de sciences economiques. [Downloadable!]
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  5. Kathy Cannings & Sophie Mahseredjian & Claude Montmarquette, 1997. "How Do Young People Choose College Majors ?," CIRANO Working Papers 97s-38, CIRANO. [Downloadable!]
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  6. Glenn Ellison & Ashley Swanson, 2009. "The Gender Gap in Secondary School Mathematics at High Achievement Levels: Evidence from the American Mathematics Competitions," NBER Working Papers 15238, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Hartog, Joop & van Praag, Mirjam & van der Sluis, Justin, 2008. "If You Are So Smart, Why Aren't You an Entrepreneur? Returns to Cognitive and Social Ability: Entrepreneurs versus Employees," IZA Discussion Papers 3648, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Örs, Evren & Palomino, Frédéric & Peyrache, Eloïc, 2008. "Performance Gender-Gap: Does Competition Matter?," CEPR Discussion Papers 6891, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  9. Song, Moohoun & Orazem, Peter & Wohlgemuth, Darin, 2007. "The Role of Mathematical and Verbal Skills on the Returns to Graduate and Professional Education," Staff General Research Papers 12843, Iowa State University, Department of Economics.
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  10. Solomon Polachek, 2003. "Mincer's Overtaking Point and the Life Cycle Earnings Distribution," Review of Economics of the Household, Springer, vol. 1(4), pages 273-304, December. [Downloadable!] (restricted)
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  11. Sang-Hyop Lee, 2005. "Generalists and Specialists, Ability and Earnings," Working Papers 200502, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
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