The Earnings and Human Capital of American Jews
This paper analyzes the earnings and returns from human capital investments of second-generation American Jews. Compared with non-Jews, Jewish men have 16 percent higher earnings (other things the same), a 20 percent higher rate of return from schooling, and a steeper experience-earnings profile. These patterns persist even after controlling for occupation, self-employment status, and geographic concentration in the New York area. There are no systematic differences among Jews by parents' country of birth. The findings suggest that American Jews are more productive in creating and using human capital, and that this has encouraged greater investments in human capital.
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