Although income inequality has been studied extensively, relatively little attention has been paid to the role of household production. Economic theory predicts that households with less money income will produce more goods at home. Thus extended income, which includes the value of household...

Although a number of surveys now measure employee training, serious gaps remain in our knowledge of such fundamental matters as how much training takes place, who provides it, and who gets it. The authors explore these questions using the 1995 Survey of Employer-Provided Training, which, because...

Economists have argued that one function of fringe benefits is to reduce turnover. However, the effect on quits of the marginal dollar of benefits relative to wages is underresearched. We use the benefit incidence data in the 1979 National Longitudinal Survey of Youth and the cost information in...

Time-use researchers are typically interested in the time use of individuals, but time use data are samples of person-days. Given day-to-day variation in how people spend their time, this distinction is analytically important. We examine the conditions necessary to make inferences about the time...

This paper analyzes the implications of the pattern of returns to education for human capital and signaling models. The US Current Population Survey shows diploma effects and small returns to the interval just before college graduation. A human capital model explains this pattern only under...

We investigate the functional form for formal training in a wage equation and derive estimates of its rate of return. The cube root fits best in our two data sets. We show that if wages are not adjusted continuously, estimating the return to training requires one lag and one lead of training....

This paper analyzes the relationship between wages and productivity during the early years of an employment relationship. Data from the Employment Opportunity Pilot Project show that worker productivity grows substantially during the first two years on the job, with most of the growth in...

Although income inequality has been studied extensively, relatively little attention has been paid to the role of household production. Economic theory predicts that households with less money income will produce more goods at home. Thus extended income, which includes the value of household...

Although income inequality has been studied extensively, relatively little attention has been paid to the role of household production. Economic theory predicts that households with less money income will produce more goods at home. Thus extended income, which includes the value of household...

Although a number of surveys now measure employee training, serious gaps remain in our knowledge of such fundamental matters as how much training takes place, who provides it, and who gets it. The authors explore these questions using the 1995 Survey of Employer-Provided Training, which, because...