TY  - JOUR
AU  - Ruhm,Christopher J.
TI  - Is High School Employment Consumption or Investment?
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5030
PY  - 1995
Y2  - February 1995
UR  - http://www.nber.org/papers/w5030
L1  - http://www.nber.org/papers/w5030.pdf
N1  - Author contact info:
Christopher J. Ruhm
Frank Batten School of
Leadership and Public Policy
University of Virginia
235 McCormick Rd.
P.O. Box 400893
Charlottesville, VA 22904-4893
Tel: 434-243-3729
E-Mail: ruhm@virginia.edu
M2  - featured in NBER digest on 1995-09-01
AB  - Using data from the National Longitudinal Survey of Youth, this study examines whether employment by high school students improves or worsens economic attainment 6 to 9 years after the scheduled date of high school graduation.  There is no indication that light to moderate job commitments ever have a detrimental impact and hours worked during the senior grade are positively correlated with future earnings, fringe benefits, and occupational status.  These results are robust across a variety of specifications and suggest that employment increases net investments in human capital and facilitates the school- to-work transition, particularly towards the end of high school and for students not continuing on to college.
ER  -