Labor Economics Commons^™

Investing In America's Workforce 2017, Brad J. Hershbein

Brad J. Hershbein

From the Day 3 Plenary Lunch of the Fed's Capstone Conference in Austin, TX -- Expanding the Capacity to Invest: Policy, Transparency and Accountability. Investments for workforce development require a foundation of institutional supports that will ensure accountability. This panel, representing diverse perspectives from the public, private and nonprofit sectors, explored the institutions, policies and norms needed to establish, reinforce and facilitate new and increased investments.

Genes, Education, And Labor Market Outcomes: Evidence From The Health And Retirement Study, Nicholas W. Papageorge, Kevin Thom

Upjohn Institute Working Papers

Recent advances have led to the discovery of specific genetic variants that predict educational attainment. We study how these variants, summarized as a genetic score variable, are associated with human capital accumulation and labor market outcomes in the Health and Retirement Study (HRS). We demonstrate that the same genetic score that predicts education is also associated with higher wages, but only among individuals with a college education. Moreover, the genetic gradient in wages has grown in more recent birth cohorts, consistent with interactions between technological change and labor market ability. We also show that individuals who grew up in economically …

The Gender Salary Gap And Race: A Case Of College-Educated Individuals, Giannina Celis

Honors Projects

Despite the fact that today, women constitute the majority of higher education graduates, (U.S. Department of Education 2016) they still earn considerably less than their male counterparts.This study examines some of the different factors that affect salary differentials by race and gender for the college-educated population. Using data from the The National Survey of College Graduates (NSCG), I estimate a series of OLS regressions with controls for geographic location, social demographics, human capital development and occupation to see how they work together to explain these differences in pay.

Does Human Capital Play A Role In The Growing Income Inequality In The Oecd Countries?, Jordan A. Cram

Senior Theses and Projects

Researchers have tried to determine reasons for the growing income inequality in the OECD countries, but human capital is not a reason typically addressed. This paper empirically seeks to determine a relationship between human capital and income inequality using multiple regression analysis. I hypothesize a negative relationship; meaning increases in the independent variable, average human capital in a country, will cause a decrease in the dependent variable, income inequality due to the idea that increases in education should increase the incomes of the poor more than those of the rich. Income inequality will be measured by the Gini coefficient and …

The Stem Dilemma: Skills That Matter To Regions, Fran Stewart

Upjohn Press

Fran Stewart dives into the murky waters where education and economic goals meet to confront several key issues facing policymakers and educators, including the role of public investment in human capital, the types of human capital investment that provide the greatest public return, and whether those investments should vary by region.

She shows that not all high-paying jobs require STEM skills; that not all good-paying, highly skilled STEM jobs require college degrees; and that "soft skills" are important for STEM as well as other high-paying jobs.