HUMAN CAPITAL AND LABOR MARKET EMPLOYMENT.
The article investigates the returns to human capital investment by studying the connection between various indicators of human capital and labor market employment. The equations are determined by probit analysis so that the dependent variable represents the probability that a person is employed a t...
| Publicado en: | Journal of Human Resources Vol. 12; no. 4; pp. 550 - 561 |
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| Autores principales: | , |
| Formato: | Artículo |
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University of Wisconsin Press
Fall77
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The article investigates the returns to human capital investment by studying the connection between various indicators of human capital and labor market employment. The equations are determined by probit analysis so that the dependent variable represents the probability that a person is employed a the time of the survey. The coefficients of each independent variable in the equation represent the increased probability of being employed together with a unit rise in the independent variable divided by the standard normal probability density function examined at appropriate values of the independent variables. Findings showed that overall employment differentials adjusted for individual differences and occupation are twice as large between the races within each gender as they are between the two sexes within each race. Occupational crowding appears to be a much more important factor of employment discrimination for women than for blacks. |
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