The Determinants of REALTOR Income
The theory of human capital suggests that one's wage varies positively with ones formal education and informal training. A common proxy for informal training is experience. In the real estate industry, other measures of skills include being a broker, working in fields other than residential, and being a manager. Our empirical analysis of a random sample of 481 Ohio REALTORS yields results consistent with the theory.
Volume (Year): 3 (1988)
Issue (Month): 2 ()
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