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A dynamic Mincer equation with an application to Portuguese data
[journal article]
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 indepen... view more
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.... view less
Classification
Economic Statistics, Econometrics, Business Informatics
Labor Market Research
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
DOI
https://doi.org/10.1080/00036840701765429
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)