Work Expectations, Human Capital Accumulation, and the Wages of Young Women
利用1968年14-24岁年轻女性的全国纵向调查数据，发现她们对未来劳动参与的主观预期正向影响在职培训的接受，但年轻女性整体可能低估自身未来的劳动参与，导致对在职培训投资不足。
This article estimates the impact that young women's ex ante preferences for future labor force attachment have on their human capital accumulation and pay. Empirical evidence from the National Longitudinal Surveys of Young Women aged 14 to 24 in 1968 supports the human capital hypothesis that receipt of on-the-job training is positively related to expectations of future labor force participation. Comparing the actual labor force attachment of mature women with preferences for future participation of young women indicates that young women (as a group) may underestimate their future labor force attachment. This implies that some young women may underinvest in on-the-job training.