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Title: High School Employment and Adult Wealth Accumulation
Resulting in 1 citation.
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Painter, Matthew A. II |
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High School Employment and Adult Wealth Accumulation M.A. Thesis, Ohio State University, 2005 Cohort(s): NLSY79 Publisher: ProQuest Dissertations & Theses (PQDT) Keyword(s): Educational Costs; Employment, In-School; Human Capital; Labor Force Participation; Labor Supply; Wealth; Well-Being Permission to reprint the abstract has not been received from the publisher. Wealth inequality receives substantial scholarly attention, but the processes underlying this financial disparity have only been recently explored. This study examines the relationship between early labor force participation and wealth accumulation. I argue that high school employment develops human capital, improves educational attainment, and ultimately increases adult wealth. Through work experience and business exposure, employed high school students develop practical life skills, knowledge, abilities, and resources that shape educational attainment, career outcomes, and adult financial decision making. These processes then shape investment decisions and overall net worth. I use the National Longitudinal Survey of Youth (NLSY79) to study these ideas empirically. This study extends the wealth literature by identifying an important adolescent process that has the potential to improve adult net worth and well-being. |
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Bibliography Citation
Painter, Matthew A. II. High School Employment and Adult Wealth Accumulation. M.A. Thesis, Ohio State University, 2005. |