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Earnings persistence and schooling returns

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  • Andini, Corrado

Abstract

The standard approach to the estimation of schooling returns disregards earnings persistence. Using longitudinal data for Belgian male workers (ECHP, 1994–2001), we show that earnings persistence matters.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 118 (2013)
Issue (Month): 3 ()
Pages: 482-484

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Handle: RePEc:eee:ecolet:v:118:y:2013:i:3:p:482-484

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Web page: http://www.elsevier.com/locate/ecolet

Related research

Keywords: Mincer equation; Wages; Human capital; Dynamic panel-data models;

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References

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  1. Corrado Andini, 2010. "A dynamic Mincer equation with an application to Portuguese data," Applied Economics, Taylor & Francis Journals, vol. 42(16), pages 2091-2098.
  2. Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
  3. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4 National Bureau of Economic Research, Inc.
  4. Fatih Guvenen, 2007. "An empirical investigation of labor income processes," IFS Working Papers W07/13, Institute for Fiscal Studies.
  5. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1.
  6. Flannery, Mark J. & Rangan, Kasturi P., 2006. "Partial adjustment toward target capital structures," Journal of Financial Economics, Elsevier, vol. 79(3), pages 469-506, March.
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Citations

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Cited by:
  1. Andini, Corrado, 2013. "Persistence Bias and the Wage-Schooling Model," IZA Discussion Papers 7186, Institute for the Study of Labor (IZA).
  2. Kropfhäußer, Frieder & Sunder, Marco, 2013. "A weighty issue revisited: the dynamic effect of body weight on earnings and satisfaction in Germany," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79895, Verein für Socialpolitik / German Economic Association.
  3. Andini, Corrado, 2014. "Persistence Bias and Schooling Returns," IZA Discussion Papers 8143, Institute for the Study of Labor (IZA).
  4. Frieder Kropfhäußer & Marco Sunder, 2014. "A Weighty Issue Revisited: The Dynamic Effect of Body Weight on Earnings and Satisfaction in Germany," SOEPpapers on Multidisciplinary Panel Data Research 635, DIW Berlin, The German Socio-Economic Panel (SOEP).

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