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Returns to education and wage equations
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UNSPECIFIED (2004) Returns to education and wage equations. APPLIED ECONOMICS, 36 (6). pp. 525-531. doi:10.1080/0003684042000217571
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Official URL: http://dx.doi.org/10.1080/0003684042000217571
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 | ||||
| Dates: |
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| Volume: | 36 | ||||
| Number: | 6 | ||||
| Number of Pages: | 7 | ||||
| Page Range: | pp. 525-531 | ||||
| DOI: | 10.1080/0003684042000217571 | ||||
| Publication Status: | Published |
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