UNSPECIFIED. (2004) Returns to education and wage equations. APPLIED ECONOMICS, 36 (6). pp. 525-531. ISSN 0003-6846

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Abstract

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
ISSN:	0003-6846
Official Date:	10 April 2004
Volume:	36
Number:	6
Number of Pages:	7
Page Range:	pp. 525-531
Identification Number:	10.1080/0003684042000217571
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/8516

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