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A dynamic Mincer equation with an application to Portuguese data

[journal article]

Andini, Corrado

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Abstract This paper argues in favor of a dynamic specification of the Mincer equation, where past observed earnings play the role of additional explanatory variable for current observed earnings. A dynamic approach offers an explanation why the return to schooling in terms of observed earnings is not independent of labor-market experience, as suggested by some recent empirical evidence for the United States.
Classification Labor Market Research; Economic Statistics, Econometrics, Business Informatics
Free Keywords Mincer Equation; Return to Schooling; Wage Level; Panel Data; I21; J31; C23
Document language English
Publication Year 2010
Page/Pages p. 2091-2098
Journal Applied Economics, 42 (2010) 16
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)