Returns to education and wage equations

被引:23
|
作者
Pereira, PT
Martins, PS [1 ]
机构
[1] Univ St Andrews, St Andrews KY16 9AJ, Fife, Scotland
[2] Univ Warwick, Dept Econ, Coventry CV4 7AL, W Midlands, England
[3] Univ Madeira, Madeira, Portugal
关键词
D O I
10.1080/0003684042000217571
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:525 / 531
页数:7
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