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Title: Educational, Career and Family Outcomes of Young Professional Workers
Resulting in 1 citation.
1. Gicheva, Dora
Educational, Career and Family Outcomes of Young Professional Workers
Ph.D. Dissertation, Yale University, 2010
Cohort(s): NLSY79
Publisher: ProQuest Dissertations & Theses (PQDT)
Keyword(s): Education; Gender Differences; Mobility, Job; Occupations; Work Hours

Permission to reprint the abstract has not been received from the publisher.

In this dissertation I explore the early career paths of highly educated workers. In the first two chapters I focus on the inherent preferences for job mobility and leisure and their impact on the careers of young professionals. The third chapter links workers' investments in education to the timing of family formation.

Little evidence exists on the relationship between working hours and future wage growth. In the first chapter I examine this relationship and show a well-defined convexity: the positive effect of hours is stronger at high levels of labor supply. A four-wave panel survey of men and women who registered to take the GMAT between June 1990 and March 1991 is used to show that this relationship is especially strong for young professional workers, but it is also present in the more broadly representative 1979 cohort of the NLSY. As the underlying mechanism for this empirical regularity, I propose a job-ladder model in which workers differ in their preferences for leisure. The findings can be used to account for up to half of the gender gap in wage growth.

The second chapter links a worker's propensity to change jobs to the educational choices she makes. A model of the choice of graduate management program type based on job search theory predicts that more mobile workers are more likely to enroll in a full-time Master of Business Administration program. The chapter also adds to the literature on employer-provided general training; the model predicts that employers are more likely to provide tuition assistance to workers who find quits costly. I use the survey of GMAT registrants to show that these predictions hold true empirically.

In the third chapter I focus on the effect of student debt on marriage and fertility. Using the GMAT Registrant Survey, I find that higher amounts of business school loans decrease the probability of observing marriage or births, particularly for men. Other sources of financing like employer-provided tuition assistance do not have such an effect. I also show evidence that expectations about fertility do not influence observed student debt.

Bibliography Citation
Gicheva, Dora. Educational, Career and Family Outcomes of Young Professional Workers. Ph.D. Dissertation, Yale University, 2010.