Returns to education and wage equations
UNSPECIFIED. (2004) Returns to education and wage equations. APPLIED ECONOMICS, 36 (6). pp. 525-531. ISSN 0003-6846Full text not available from this repository.
Official URL: http://dx.doi.org/10.1080/0003684042000217571
The paper shows why considering a number of education-dependent covariates in a wage equation decreases the coefficient of education in that equation. This result is illustrated empirically with a meta-analysis for Portugal. The education coefficient decreases when covariates are used that can be considered post-education decisions; on the other hand, it is independent of sample size, tenure and whether hourly or monthly wages are used. These results support the use of a simple specification of the Mincer equation for the study of the total returns to education.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Journal or Publication Title:||APPLIED ECONOMICS|
|Publisher:||ROUTLEDGE TAYLOR & FRANCIS LTD|
|Official Date:||10 April 2004|
|Number of Pages:||7|
|Page Range:||pp. 525-531|
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