| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30105 |
| 来源ID | Working Paper 30105 |
| The Effects of Advanced Degrees on the Wage Rates, Hours, Earnings and Job Satisfaction of Women and Men | |
| Joseph G. Altonji; John Eric Humphries; Ling Zhong | |
| 发表日期 | 2022-06-06 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | This paper uses a college-by-graduate degree fixed effects estimator to evaluate the returns to 19 different graduate degrees for men and women. We find substantial variation across degrees, and evidence that OLS overestimates the returns to degrees with high average earnings and underestimates the returns to degrees with low average earnings. Second, we decompose the impacts on earnings into effects on wage rates and effects on hours. For most degrees, the earnings gains come from increased wage rates, though hours play an important role in some degrees, such as medicine, especially for women. Third, we estimate the net present value and internal rate of return for each degree, which account for the time and monetary costs of degrees. We show annual earnings and hours worked while enrolled in graduate school vary a lot by gender and degree. Finally, we provide descriptive evidence that gains in overall job satisfaction and satisfaction with contribution to society vary substantially across degrees. |
| 主题 | Health, Education, and Welfare ; Education ; Labor Economics ; Demography and Aging ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w30105 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587778 |
| 推荐引用方式 GB/T 7714 | Joseph G. Altonji,John Eric Humphries,Ling Zhong. The Effects of Advanced Degrees on the Wage Rates, Hours, Earnings and Job Satisfaction of Women and Men. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w30105.pdf（2269KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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