The Effects of Job Corps Training on Wages of Adolescents and Young Adults
Author(s) -
Germán Blanco,
Carlos A. Flores,
Alfonso FloresLagunes
Publication year - 2013
Publication title -
american economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 16.936
H-Index - 297
eISSN - 1944-7981
pISSN - 0002-8282
DOI - 10.1257/aer.103.3.418
Subject(s) - earnings , human capital , economics , differential (mechanical device) , labour economics , quantile , demographic economics , econometrics , engineering , finance , aerospace engineering , economic growth
Previous evaluations of Job Corps document disparate effects on the earnings of adolescents (aged 16-19) and young adults (aged 20-24). These are conjectured to be due to differential human capital accumulation within the program between these groups. If correct, the effect of the program on wages should be larger than that on earnings, since wages more accurately reflect human capital. We estimate bounds on average and quantile treatment effects of Job Corps on wages and find that the relative effects on both outcomes are similar, casting some doubt on the conjecture that human capital is driving the disparate effects.
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