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Full-Text Articles in Social and Behavioral Sciences
Examining The Afqt As A Proxy For Human Capital, Jaret L. Kanarek
Examining The Afqt As A Proxy For Human Capital, Jaret L. Kanarek
Undergraduate Economic Review
I examine whether the Armed Forces Qualifications Test (AFQT) is a suitable proxy for human capital skills by testing the hypothesis that those factors most germane to human capital skills acquisition will most affect AFQT score. Using data from the National Longitudinal Survey of the Youth and OLS regression analysis, I find that strict and loose human capital factors are robust determinants of AFQT score, and thus the AFQT is a suitable proxy for human capital skills. However, its use as such requires specification that the AFQT is not a catchall for human capital factors, as it is significantly related …
The Effects Of Background Factors On Afqt Score, Jaret Kanarek
The Effects Of Background Factors On Afqt Score, Jaret Kanarek
Honors Projects
The introduction of the National Longitudinal Survey of the Youth (NLSY) 1979 and 1997 cohorts made Armed Forces Qualifications Test (AFQT) score data widely available and has thus dramatically increased its use in academic research. However, there is strong evidence that a wide variety of background factors, such as poverty status, race, and parent’s education level, affect AFQT score. Human capital theory, in conjunction with the pathways framework, suggests that these background factors have both direct and indirect effects on AFQT score. The focus of this research is measuring some of the important direct and indirect pathways through which background …
Youth Aptitude As A Predictor Of Adulthood Income, Jaret Kanarek
Youth Aptitude As A Predictor Of Adulthood Income, Jaret Kanarek
Undergraduate Economic Review
I examine the relationship between youth aptitude and adulthood income. Using the National Longitudinal Survey of the Youth 1979 cohort and OLS regression analysis, I test the hypothesis that a higher 1981 Armed Forces Qualifications Test (AFQT) score is directly related to a higher income in 2010, ceteris paribus. First, a single regression equation is run for educational attainment subgroups at the time of taking the AFQT. Second, a regression equation including total lifetime educational attainment, and one that excludes it, are run to examine potential co-linearity between AFQT score and educational attainment. The results show that AFQT is significant …