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Education and Earnings Growth: Evidence from 11 European Countries Author info | Abstract | Publisher info | Download info | Related research | Statistics Brunello, Giorgio () (University of Padova and IZA, Bonn)
Comi, Simona (Fondazione Eni Enrico Mattei, Milan)
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We use cohort data from 11 European countries to study whether experience profiles differ by educational attainment. Previous literature does not provide a clear answer to this question, that is important to evaluate private returns to education over the working life of individuals. We find evidence that employees with tertiary education have steeper experience profiles than employees with upper secondary or compulsory education. Hence, education provides not only an initial labor market advantage but also a permanent advantage that increases with time in the labor market. We also find that differences in earnings growth by education are lower in countries with a higher level of corporatism and higher in countries which have experienced both relatively fast labor productivity growth and a relatively low educational attainment. The educational system also seems to matter, because countries with a more stratified system of secondary education have smaller differences in earnings growth by education.
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
140.
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Length: 30 pages
Date of creation: Apr 2000Date of revision:
Handle: RePEc:iza:izadps:dp140Contact details of provider: Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany Phone: +49 228 3894 223 Fax: +49 228 3894 180 Web page: http://www.iza.org
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Keywords: Education ; earnings growth ; Europe ; Other versions of this item:
Find related papers by JEL classification: J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
This paper has been announced in the following NEP Reports :
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