IDEAS home Printed from https://ideas.repec.org/h/eme/rleczz/s0147-9121(2011)0000033007.html
   My bibliography  Save this book chapter

Chapter 4 A Risk Augmented Mincer Earnings Equation? Taking Stock

In: Research in Labor Economics

Author

Listed:
  • Joop Hartog

Abstract

We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage skew. We discuss robustness of the findings across specifications, potential bias from unobserved heterogeneity and selectivity and consider the core issue of students' information on benefits from education.

Suggested Citation

  • Joop Hartog, 2011. "Chapter 4 A Risk Augmented Mincer Earnings Equation? Taking Stock," Research in Labor Economics, in: Research in Labor Economics, pages 129-173, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rleczz:s0147-9121(2011)0000033007
    DOI: 10.1108/S0147-9121(2011)0000033007
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0147-9121(2011)0000033007/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0147-9121(2011)0000033007/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S0147-9121(2011)0000033007
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0147-9121(2011)0000033007/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/S0147-9121(2011)0000033007?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hartog, Joop & Raposo, Pedro, 2017. "Are starting wages reduced by an insurance premium for preventing wage decline? Testing the prediction of Harris and Holmstrom (1982)," Labour Economics, Elsevier, vol. 48(C), pages 105-119.
    2. Edin, Per-Anders & Selin, Håkan, 2022. "Financial Risk-Taking and the Gender Wage Gap," Labour Economics, Elsevier, vol. 75(C).
    3. Vaishali Zambre, 2018. "The Gender Gap in Wage Expectations: Do Young Women Trade off Higher Wages for Lower Wage Risk?," Discussion Papers of DIW Berlin 1742, DIW Berlin, German Institute for Economic Research.
    4. Peter Berkhout & Joop Hartog & Hans Ophem, 2014. "Starting Wages Respond to Employer's Risk," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(3), pages 229-260, July.
    5. Peter Berkhout & Joop Hartog & Mirjam van Praag, 2016. "Entrepreneurship and Financial Incentives of Return, Risk, and Skew," Entrepreneurship Theory and Practice, , vol. 40(2), pages 249-268, March.
    6. Wolfgang Nagl, 2014. "Better Safe than Sorry? The Effects of Income Risk and Unemployment Risk on Wages," LABOUR, CEIS, vol. 28(3), pages 251-268, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:rleczz:s0147-9121(2011)0000033007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.