The Career Decisions of Young Men
基于1979年美国青年纵向调查数据，用结构估计方法建立了一个包含上学、工作和职业选择的动态模型，发现扩展的人力资本模型能很好拟合年轻男性的实际决策和工资数据。
This paper provides structural estimates of a dynamic model of schooling, work, and occupational choice decisions based on eleven 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 authors 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. Copyright 1997 by the University of Chicago.