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Title: An Exchange: The Theory of Human Capital and the Earnings of Women: Women's Earnings Reexamined
Resulting in 1 citation.
1. Mincer, Jacob
Polachek, Solomon W.
An Exchange: The Theory of Human Capital and the Earnings of Women: Women's Earnings Reexamined
Journal of Human Resources 13,1 (Winter 1978): 118-134.
Also: http://www.jstor.org/stable/145305
Cohort(s): Mature Women
Publisher: University of Wisconsin Press
Keyword(s): Children; Simultaneity; Unemployment; Wages; Wives; Work Experience

Sandell and Saunders find three blemishes in our earlier study: (1) that some of the original data made available to us by the Center for Human Resource Research (their own organization) is incorrect; (2) that we misinterpret the coefficients of our own model; and (3) that their treatment of the simultaneity problem is preferable to ours and yields somewhat different coefficients. We respond to these points in order. In discussing data errors and replications under point (1), we extend the evidence to related work by others and introduce new and more direct evidence from the NLS of Mature Women 1967-1971 panel. Points (2) and (3) are restricted to the methodological and conceptual issues raised about our treatment of the 1967 sample.
Bibliography Citation
Mincer, Jacob and Solomon W. Polachek. "An Exchange: The Theory of Human Capital and the Earnings of Women: Women's Earnings Reexamined." Journal of Human Resources 13,1 (Winter 1978): 118-134.