The Effects of Job Corps Training on Wages of Adolescents and Young Adults
研究评估了职业培训团对青少年（16-19岁）和年轻成人（20-24岁）工资的影响，发现工资与收入效应相似，质疑了人力资本差异导致不同效应的猜想。
Previous evaluations of Job Corps document disparate effects on the earnings of adolescents (aged 16-19) and young adults (aged 20-24). These are conjectured to be due to differential human capital accumulation within the program between these groups. If correct, the effect of the program on wages should be larger than that on earnings, since wages more accurately reflect human capital. We estimate bounds on average and quantile treatment effects of Job Corps on wages and find that the relative effects on both outcomes are similar, casting some doubt on the conjecture that human capital is driving the disparate effects.