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What a quantile approach can tell us about returns to education in Europe

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Author Info

  • Juan Prieto-Rodriguez
  • Carlos Pestana Barros
  • Jose Vieira

Abstract

This paper seeks to analyse the relationship between wages and education at a European level, using a quantile regression in order to be able to extend the study along the whole wage distribution. This analysis is carried out for a sample of 14 European countries (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain and the United Kingdom), using the European Community Household Panel data-set. The paper aims to investigate whether the relationship between wages and education at European level is homogeneous and stable through time by running regressions for average and current (log)wages. Policy implications are derived.

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File URL: http://www.tandfonline.com/10.1080/09645290801977033
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Education Economics.

Volume (Year): 16 (2008)
Issue (Month): 4 ()
Pages: 391-410

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Handle: RePEc:taf:edecon:v:16:y:2008:i:4:p:391-410

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Related research

Keywords: rate of return; human capital; salary wage differentials;

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Cited by:
  1. Tansel, Aysit & Bircan, Fatma, 2010. "Wage Inequality and Returns to Education in Turkey: A Quantile Regression Analysis," IZA Discussion Papers 5417, Institute for the Study of Labor (IZA).
  2. Marco Biagetti & Sergio Scicchitano, 2012. "Returns to Schooling in Europe: Evidence From Quantile Regression on EU-SILC Data," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 2(5), pages 9, October.
  3. Rafal Kierzenkowski & Isabell Koske, 2012. "Less Income Inequality and More Growth – Are they Compatible? Part 8. The Drivers of Labour Income Inequality – A Literature Review," OECD Economics Department Working Papers 931, OECD Publishing.
  4. Jean-Marc Fournier & Isabell Koske, 2012. "Less Income Inequality and More Growth – Are they Compatible? Part 7. The Drivers of Labour Earnings Inequality – An Analysis Based on Conditional and Unconditional Quantile Regressions," OECD Economics Department Working Papers 930, OECD Publishing.

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