Returns to education and wage equations: a dynamic approach

被引:16
|
作者
Andini, Corrado [1 ]
机构
[1] Univ Madeira, Dept Management & Econ, Funchal, Portugal
关键词
D O I
10.1080/13504850500461555
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the impact of education on within-groups wage inequality using quintile-regression techniques and US data for the period 1980 to 1987. Our contribution consists of comparing estimates based on a standard Mincer equation with estimates based on a modified Mincer equation in which past earnings play the role of additional explanatory variable. We find that a dynamic model does not give the same answer as a static model regarding the impact of schooling on earnings dispersion, and provide an explanation for this result.
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页码:577 / 579
页数:3
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