Earnings Functions and Nonpecuniary Benefits

Earnings Functions and Nonpecuniary Benefits
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收益函数和非金钱利益

DOI:
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发表时间:
1976
期刊:
影响因子:
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通讯作者:
G. Duncan
G. Duncan
中科院分区:
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文献类型:
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作者:
G. Duncan

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过去的实证研究盈余功能只使用金钱的收益措施。在这篇文章中,金钱,附加和某些非金钱利益被视为一个更全面的衡量劳动力市场报酬的附加组成部分。包括这些额外的好处,估计收入功能的影响进行了评估与两个国家的样本数据集。研究发现,简单人力资本收益模型的解释能力随着非工资变量的加入而增强。当附加福利和非金钱福利被加入时,教育的重要性明显增加;劳动力市场经验和收入之间的关联变化很小。即使考虑到认知技能、动机和家庭背景等因素,教育的重要性也在不断增加。
Past empirical studies of earnings functions have used only pecuniary earnings measures. In this article, pecuniary, fringe, and certain nonpecuniary benefits are treated as additive components of a more comprehensive measure of labor market reward. The implications of including these additional benefits for estimates of earnings functions are assessed with two national sample data sets. It is found that the explanatory power of the simple human capital earnings model increases as the nonwage variables are added into the earnings measure. The importance of education clearly increases when fringe and nonpecuniary benefits are added; the change in the association between labor market experience and earnings is small. The increased importance of education is sustained even when measures of cognitive skills, motivation, and family background are taken into account.