Is High School Employment Consumption or Investment?
Using data from the National Longitudinal Survey of Youth, this study examines whether employment by high school students improves or worsens economic attainment 6 to 9 years after the scheduled date of high school graduation. There is no indication that light to moderate job commitments ever have a detrimental impact and hours worked during the senior grade are positively correlated with future earnings, fringe benefits, and occupational status. These results are robust across a variety of specifications and suggest that employment increases net investments in human capital and facilitates the school- to-work transition, particularly towards the end of high school and for students not continuing on to college.
|Date of creation:||Feb 1995|
|Date of revision:|
|Publication status:||published as Journal of Labor Economics, Vol. 113, no. 1 (February 1998): 285-317.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
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- Richard B. Freeman & James L. Medoff, 1982. "Why Does the Rate of Youth Labor Force Activity Differ across Surveys?," NBER Chapters, in: The Youth Labor Market Problem: Its Nature, Causes, and Consequences, pages 75-114 National Bureau of Economic Research, Inc.
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"Employment While in College, Academic Achievement, and Postcollege Outcomes: A Summary of Results,"
Journal of Human Resources,
University of Wisconsin Press, vol. 22(1), pages 1-23.
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- Duncan, Greg J & Hill, Daniel H, 1985. "An Investigation of the Extent and Consequences of Measurement Error in Labor-Economic Survey Data," Journal of Labor Economics, University of Chicago Press, vol. 3(4), pages 508-32, October.
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- David T. Ellwood, 1982. "Teenage Unemployment: Permanent Scars or Temporary Blemishes?," NBER Chapters, in: The Youth Labor Market Problem: Its Nature, Causes, and Consequences, pages 349-390 National Bureau of Economic Research, Inc.
- K. Newey, Whitney, 1985. "Generalized method of moments specification testing," Journal of Econometrics, Elsevier, vol. 29(3), pages 229-256, September.
- Weiss, Andrew, 1988. "High School Graduation, Performance, and Wages," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 785-820, August.
- Robert H. Topel & Michael P. Ward, 1992. "Job Mobility and the Careers of Young Men," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 439-479.
- Robert H. Meyer & David A. Wise, 1982.
"High School Preparation and Early Labor Force Experience,"
in: The Youth Labor Market Problem: Its Nature, Causes, and Consequences, pages 277-348
National Bureau of Economic Research, Inc.
- Robert H. Meyer & David A. Wise, 1979. "High School Preparation and Early Labor Force Experience," NBER Working Papers 0342, National Bureau of Economic Research, Inc.
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