Should I Go to Graduate School? The Role of Preference for Children and Human Capital Accumulation

IF 1.6 3区经济学 Q2 ECONOMICS

Journal of Human Capital Pub Date : 2022-03-22 DOI:10.1086/719730

Sebastien Buttet, Alice Schoonbroodt

引用次数: 1

Abstract

We propose a selection mechanism with preference heterogeneity to study the impact of children on women’s decision to attend graduate school. We show that the net return to education decreases with women’s preferences for children and that only women with preferences below a certain threshold find it optimal to go to graduate school. We embed the selection mechanism into a dynamic life-cycle model of schooling, fertility, and labor force participation decisions and find that changes in returns to experience are quantitatively relevant to account for the observed changes in behavior of women born in 1945 or 1965.

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我应该去读研吗?子女偏好与人力资本积累的作用

我们提出了一种具有偏好异质性的选择机制，以研究子女对女性读研决定的影响。我们发现，受教育的净回报率随着女性对孩子的偏好而下降，只有偏好低于一定阈值的女性才会认为上研究生院是最佳选择。我们将选择机制嵌入到学校教育、生育和劳动力参与决策的动态生命周期模型中，并发现经验回报的变化在数量上与1945年或1965年出生的女性的行为变化有关。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Human Capital ECONOMICS-

CiteScore

2.30

自引率

0.00%

发文量

期刊介绍： Journal of Human Capital is dedicated to human capital and its expanding economic and social roles in the knowledge economy. Developed in response to the central role human capital plays in determining the production, allocation, and distribution of economic resources and in supporting long-term economic growth, JHC is a forum for theoretical and empirical work on human capital—broadly defined to include education, health, entrepreneurship, and intellectual and social capital—and related public policy analyses. JHC encompasses microeconomic, macroeconomic, and international economic perspectives on the theme of human capital. The journal offers a platform for discussion of topics ranging from education, labor, health, and family economics.