ERIC Number: ED138806
Record Type: RIE
Publication Date: 1976-Jun
Reference Count: 0
The Theory of Human Capital and the Earnings of Women: A Re-examination of the Evidence. Revised.
Sandell, Steven H.; Shapiro, David
This paper discusses specification and interpretation of human capital models of women's earnings when data on actual work experience are available. It uses the segmented earnings function framework developed by Jacob Mincer and Solomon Polachek and considers the effects of data errors, issues involving data interpretation, consequences of model mis-specification, and the simultaneity problem. The male-female wage gap is reexamined in light of these considerations. It is concluded that appropriate analysis of the corrected data does not support originally published conclusions concernig the shape of the on-the-job investment profile, the importance of "depreciation" of human capital, and the proportion of wage gap that can be explained by differences in work experience between men and women. (Author/JT)
Descriptors: Data Analysis, Educational Background, Employed Women, Equal Opportunities (Jobs), Females, Human Capital, Income, Job Training, Males, Mathematical Models, Models, Sex Discrimination, Statistics, Theories, Wages, Work Experience
The Ohio State University, College of Administrative Science, Center for Human Resource Research, 1375 Perry Street, Suite 585, Columbus, Ohio 43201 ($.80)
Publication Type: Reports - Research
Education Level: N/A
Sponsor: Manpower Administration (DOL), Washington, DC.
Authoring Institution: Ohio State Univ., Columbus. Center for Human Resource Research.