Detailed Estimation of Worklife Expectancy for the Measurement of Human Capital: Accounting for Marriage and Children

نویسندگان

  • Daniel L. Millimet
  • Michael Nieswiadomy
  • Daniel Slottje
چکیده

Measuring an individual’s human capital at a point in time as the present actuarial value of expected net lifetime earnings has a lengthy history. Calculating such measures requires accurate estimates of worklife expectancy. Here, worklife estimates for men and women in the United States categorized by educational attainment, race, marital status, parental status, and current labor force status are presented. Race has a much larger impact on the worklife expectancy of men than women. Education is associated with larger worklife differentials for women. The association between marriage and worklife expectancy is significant, but of opposite sign, for men and women: married women (men) have a lower (higher) worklife expectancy than single women (men). Parenthood is associated with a reduction in the worklife expectancy of women; the association is smaller and varies from positive for some education/marital status groups to negative for others for men. JEL Classification: J17, J22, J26, J64

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Estimation of the Level and Distribution of Households Human Capital the Case of Tehran

The main goal of this paper is to estimate the level and distribution of human capital (HC) in Tehran province, Iran. In doing this we have first reviewed theoretical and empirical literature of human capital. And then we used Do gum Method for estimation of level and distribution of households’ human capital in Tehran. The Do gum Method is based on three old methods of estimation. We used late...

متن کامل

The Integration of Multi-Factor Model of Capital Asset Pricing and Penalty Function for Stock Return Evaluation

One of the main concerns of investors is the evaluation of the return on investment, which is conducted using various models such as the CAPM (single-factor model), Fama-French three/five-factor models, and Roy and Shijin’s six-factor model and other models known as multi-factor models. Despite the widespread use of these models, their major drawbacks include sensitivity to unexpected changes, ...

متن کامل

Estimation of spinal loads using a detailed finite element model of the L4-L5 lumbar segment derived by medical imaging kinematics; a feasibility study

Introduction: Low back pain is the most prevalent orthopedic disorder and the first main cause of poor working functionality in developed as wells as many developing countries. In Absence of noninvasive in vivo measurement approaches, biomechanical models are used to estimate mechanical loads on human joints during physical activities. To estimate joint loads via musculoskelet...

متن کامل

Formulation of Marriage Parenting Model

Introduction: Parents have the primary responsibility for raising their children. The impact that parents have on their children is sometimes tangible and sometimes completely intangible. These effects can be examined under the heading of parenting. Various plans have been proposed for parenting, one of the most important of which is to prepare children for marriage, and this study was conducte...

متن کامل

Impact of Psychological Capital on Work Activities: The Mediating Role of Innovation, Subjective Well-being and Emotional Intelligence

In today’s competitive world, Psychological capital and Work activities are considered as a key factor to suc‌cess and survival for organizations. So far, the literature has recognized various items that affect Work activi‌ties in organizations. The study analyzes how Psychological capital predicts work activities both directly and through the mediating role of Innovation, Subjective Well-being...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2009