The investment in human capital has been known to increase the productivity of the worker and has led to higher returns in comparison to those with lower levels of schooling. Over the years, there has been a massive influx of international students in the United States. The aim of this study is to analyse the returns to post-college investment in human capital with a special focus on immigrants with U.S. schooling. The appropriate empirical form of testing used was OLS regression with the Mincer Specification. The results suggest that higher levels of education lead to higher wages. Furthermore, immigrants with U.S. schooling tend to earn higher wages than U.S.-born individuals. The difference in the wage gap is primarily attributable to differences in levels of schooling between the two groups.
Desai, Soham, "“College Is Over, What Now?”: An Analysis of the Returns to Human Capital Investment for Post-College Levels of Educational Attainment, with an Emphasis on Immigrants with U.S. Schooling" (2018). Senior Independent Study Theses. Paper 8080.
Econometrics | Economic Theory | Growth and Development | Income Distribution | Labor Economics
Bachelor of Arts
Senior Independent Study Thesis
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