Journal of Population Economics

, Volume 6, Issue 1, pp 1–30 | Cite as

Fertility timing, wages, and human capital

  • McKinley L. Blackburn
  • David E. Bloom
  • David Neumark


Women who have first births relatively late in life earn higher wages. This papers offers an explanation of this fact based on a simple 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.


Human Capital Empirical Analysis Capital Investment High Wage Human Capital Investment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag 1993

Authors and Affiliations

  • McKinley L. Blackburn
    • 1
  • David E. Bloom
    • 2
  • David Neumark
    • 3
  1. 1.Department of EconomicsUniversity of South CarolinaSouth CarolinaUSA
  2. 2.Department of EconomicsColumbia UniversityColumbiaUSA
  3. 3.Department of EconomicsUniversity of Pennsylvania and NBERPhiladelphiaUSA

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