TY  - JOUR
AU  - Blackburn,McKinley L.
AU  - Bloom,David E.
TI  - Fertility Timing, Wages, and Human Capital
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3422
PY  - 1990
Y2  - August 1990
UR  - http://www.nber.org/papers/w3422
L1  - http://www.nber.org/papers/w3422.pdf
N1  - Author contact info:
David E. Bloom
Harvard School of Public Health
Department of Global Health and Population
665 Huntington Ave.
Boston, MA 02115
Tel: 617/432-0866
Fax: 617/432-6733
E-Mail: dbloom@hsph.harvard.edu
AB  - Women who have first births relatively late in life earn higher wages. This paper offers an explanation of this fact based on a staple life-cycle model of human capital investment and timing of first birth. The model yields conditions (that are plausibly satisfied) under which late childbearers will tend to invest more heavily in human capital than early childbearers. The empirical analysis finds results consistent with the higher wages of late childbearers arising primarily through greater measurable human capital investment.
ER  -