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Schooling, experience and earnings: international evidence from MARS

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  • Geraint Johnes

    (Lancaster University)

Abstract

The method of Multivariate Adaptive Regression Splines is applied to international data to evaluate earnings functions. This reveals interaction effects not highlighted in more traditional analyses. In particular, a small number of nonlinear country-specific effects in the relationship between education and earnings is identified.

Suggested Citation

  • Geraint Johnes, 2016. "Schooling, experience and earnings: international evidence from MARS," Economics Bulletin, AccessEcon, vol. 36(3), pages 1287-1294.
    • Handle: RePEc:ebl:ecbull:eb-16-00211
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2016/Volume36/EB-16-V36-I3-P127.pdf
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    References listed on IDEAS

    as
    1. Murphy, Kevin M & Welch, Finis, 1990. "Empirical Age-Earnings Profiles," Journal of Labor Economics, University of Chicago Press, vol. 8(2), pages 202-229, April.
    2. Richard B. Freeman, 1995. "Are Your Wages Set in Beijing?," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 15-32, Summer.
    3. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75, pages 352-352.
    4. Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
    5. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, March.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Jian Zhou & Jingjing Deng & Li Li & Shuang Wang, 2023. "The Demographic Dividend or the Education Dividend? Evidence from China’s Economic Growth," Sustainability, MDPI, vol. 15(9), pages 1-17, April.

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    More about this item

    Keywords

    earnings; education; splines;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • I2 - Health, Education, and Welfare - - Education

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