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This paper explores the association between studying science at the higher secondary stage and labor market earnings using nationally representative data on high school subject choices and adult outcomes for urban males in India. Results show that those who studied science in high school have 22% greater earnings than those who studied business and humanities, even after controlling for several measures of ability. These higher earnings among science students are further enhanced if the students also have some fluency in English. Moreover, greater earnings are observed among individuals with social and parental support for translating science skills into higher earnings. Science education is also associated with more years of education, likelihood of completing a professional degree, and among low ability students, working in public sector positions.
Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.
Beginning in the early 2000s, there was an upsurge of national concern over the state of the science and engineering job market that sparked a plethora of studies, commission reports, and a presidential initiative, all stressing the importance of maintaining American competitiveness in these fields. Science and Engineering Careers in the United States is the first major academic study to probe the issues that underlie these concerns. This volume provides new information on the economics of the postgraduate science and engineering job market, addressing such topics as the factors that determine the supply of PhDs, the career paths they follow after graduation, and the creation and use of knowledge as it is reflected by the amount of papers and patents produced. A distinguished team of contributors also explores the tensions between industry and academe in recruiting graduates, the influx of foreign-born doctorates, and the success of female doctorates. Science and Engineering Careers in the United States will raise new questions about stimulating innovation and growth in the American economy.
The market for high-skilled workers is becoming increasingly global, as are the markets for knowledge and ideas. While high-skilled immigrants in the United States represent a much smaller proportion of the workforce than they do in countries such as Australia, Canada, and the United Kingdom, these immigrants have an important role in spurring innovation and economic growth in all countries and filling shortages in the domestic labor supply. This report summarizes the proceedings of a Fall 2014 workshop that focused on how immigration policy can be used to attract and retain foreign talent. Participants compared policies on encouraging migration and retention of skilled workers, attracting qualified foreign students and retaining them post-graduation, and input by states or provinces in immigration policies to add flexibility in countries with regional employment differences, among other topics. They also discussed how immigration policies have changed over time in response to undesired labor market outcomes and whether there was sufficient data to measure those outcomes.
This dissertation explores three distinct topics in the economics of education. These topics explore the relationship between factors such as race, gender, national origin, and educational and labor market outcomes. Educational attainment in the STEM (Science, Technology, Engineering, and Mathematics) areas receives a major focus in this dissertation; a college-level specialization in STEM areas generally leads to high incomeyielding career tracks. Below I briefly explain the research objectives and findings of each chapter. The first chapter focuses on the impact of teacher-student demographic mismatch on student success in classrooms at the high school level. When students, particularly those of disadvantaged backgrounds, are assigned to teachers with different racial and/or gender identities, they may become subject to the “Golem effect”; lower expectations and biases the teachers may have. In this paper, using restricted-access data from the High School Longitudinal Survey of 2009 (HSLS:09), I investigate whether demographic mismatch between teachers and students in high schools has a negative impact on achievement. I find consistent evidence that having a different-sex teacher is disadvantageous for students of all racial backgrounds. Having a different-sex and different-race teacher is associated with achievement loss, especially for Black female students. The second chapter focuses on the impact of parental occupation in STEM fields on the child’s selection of a STEM major at the post-secondary level. For empirical analysis, I use data from HSLS:09 again. The economic literature suggests that parental occupational identities can influence children’s selection into different fields of major through different channels. Parents may provide positive feedback on children’s educational decisions at multiple stages throughout the children’s school life. I find that having at least one parent in the fields of computer science and engineering positively impacts the child’s selection into college majors in computer science, IT, and Engineering. Moreover, I find that in two-parent households, both the mother’s and father’s occupations in STEM positively impact the child’s selection into STEM college major sections. The third chapter examines the historical positive wage gap between U.S. natives and international college graduates in STEM and non-STEM fields participating in the U.S. labor force. I show that between 1993 and 2019, in STEM occupations, naturalized citizens and permanent residents earned on average higher than U.S. natives; temporary workers consistently earned less on average than U.S. natives, and permanent residents consistently earned more on average than temporary workers. The evidence shows that the wage gap is not just due to differences in factors such as primary activities on the job, highest degree attained, and working in STEM fields, but also because of “unexplained” factors; one of them could be the labor market laws restricting the entry of foreign-born workers into the U.S. labor market. In a panel data analysis, I find that the effect of naturalization and gaining permanent residency, both are positive on ln(wage).
The transformation of women's lives over the past century is among the most significant and far-reaching of social and economic phenomena, affecting not only women but also their partners, children, and indeed nearly every person on the planet. In developed and developing countries alike, women are acquiring more education, marrying later, having fewer children, and spending a far greater amount of their adult lives in the labor force. Yet, because women remain the primary caregivers of children, issues such as work-life balance and the glass ceiling have given rise to critical policy discussions in the developed world. In developing countries, many women lack access to reproductive technology and are often relegated to jobs in the informal sector, where pay is variable and job security is weak. Considerable occupational segregation and stubborn gender pay gaps persist around the world. The Oxford Handbook of Women and the Economy is the first comprehensive collection of scholarly essays to address these issues using the powerful framework of economics. Each chapter, written by an acknowledged expert or team of experts, reviews the key trends, surveys the relevant economic theory, and summarizes and critiques the empirical research literature. By providing a clear-eyed view of what we know, what we do not know, and what the critical unanswered questions are, this Handbook provides an invaluable and wide-ranging examination of the many changes that have occurred in women's economic lives.
Why the United States lags behind other industrialized countries in sharing the benefits of innovation with workers and how we can remedy the problem. The United States has too many low-quality, low-wage jobs. Every country has its share, but those in the United States are especially poorly paid and often without benefits. Meanwhile, overall productivity increases steadily and new technology has transformed large parts of the economy, enhancing the skills and paychecks of higher paid knowledge workers. What’s wrong with this picture? Why have so many workers benefited so little from decades of growth? The Work of the Future shows that technology is neither the problem nor the solution. We can build better jobs if we create institutions that leverage technological innovation and also support workers though long cycles of technological transformation. Building on findings from the multiyear MIT Task Force on the Work of the Future, the book argues that we must foster institutional innovations that complement technological change. Skills programs that emphasize work-based and hybrid learning (in person and online), for example, empower workers to become and remain productive in a continuously evolving workplace. Industries fueled by new technology that augments workers can supply good jobs, and federal investment in R&D can help make these industries worker-friendly. We must act to ensure that the labor market of the future offers benefits, opportunity, and a measure of economic security to all.