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Cited by 1,390

The DOI matches its Crossref record.

The Career Decisions of Young Men

Open access
Keane, Michael P., Wolpin, Kenneth I.·1997·Journal of Political Economy
DOI 10.1086/262080
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Abstract

This paper provides structural estimates of a dynamic model of schooling, work, and occupational choice decisions based on 11 years of observations on a sample of young men from the 1979 youth cohort of the National Longitudinal Surveys of Labor Market Experience (NLSY). The structural estimation framework that we adopt fully imposes the restrictions of the theory and permits an investigation of whether such a theoretically restricted model can succeed in quantitatively fitting the observed data patterns. We find that a suitably extended human capital investment model can in fact do an excellent job of fitting observed data on school attendance, work, occupational choices, and wages in the NLSY data on young men and also produces reasonable forecasts of future work decisions and wage patterns.

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Metadata

Authors
Keane, M. P., & Wolpin, K. I.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
1997-06
Volume
105
Issue
3
Pages
473-522
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/262080
OpenAlex
W2127503409
Cited by
1,390
References
0
FWCI
24.06
Type
journal article
Language
en
Open access
gold

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CoChat. (2026). Citation check: The Career Decisions of Young Men. https://app.cochat.ai/papers/10.1086/262080
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Keane, M. P., & Wolpin, K. I. (1997). The Career Decisions of Young Men. Journal of Political Economy. https://doi.org/10.1086/262080

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.