Is High School Employment Consumption or Investment?
研究高中打工对未来经济成就的影响，发现适度打工与未来收入、福利和职业地位正相关，尽管打工者受教育程度略低，但整体上增加了人力资本投资。
This study examines how high school employment affects future economic attainment. There is no indication that light to moderate job commitments ever have a detrimental effect; instead, hours worked during the senior grade are positively correlated with future earnings, fringe benefits, and occupational status. These gains occur even though employed seniors attain slightly less education than their counterparts. The results are robust across a variety of specifications and suggest that student employment increases net investments in human capital particularly toward the end of high school and for females. Copyright 1997 by University of Chicago Press.