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Quantile Regression Evidence on Italian Education Returns

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  • Pamela Giustinelli

    (University of Verona)

Abstract

This study intends to provide some updated empirical evidence on Italian Education Returns through Quantile Regression. Such a methodology enables us to explore the (Quantile Treatment) Effect of Schooling on the (shape of) income conditional distribution (viewed as reflecting the distribution of unobservable ability), and to analyze indirectly the education-ability interaction in the generation of human capital, and its effect on earnings. We obtain estimates displaying a U-shaped pattern, i.e. higher returns at the highest and lowest quantiles of income, suggesting substitution among human capital factors for low ability individuals, and complementarity for high ability earners.

Suggested Citation

  • Pamela Giustinelli, 2004. "Quantile Regression Evidence on Italian Education Returns," Rivista di Politica Economica, SIPI Spa, vol. 94(6), pages 49-100, November-.
    • Handle: RePEc:rpo:ripoec:v:94:y:2004:i:6:p:49-100
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    References listed on IDEAS

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    Cited by:

    1. Paolo Naticchioni & Andrea Ricci, 2009. "Falling Educational Wage Premia in Italy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    2. Marilena Furno, 2020. "Returns to Education and Gender Wage Gap Across Quantiles in Italy," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 12(2), pages 145-169, June.
    3. Paolo Naticchioni & Andrea Ricci & Emiliano Rustichelli, 2008. "Wage Inequality, Employment Structure and Skill‐biased Change in Italy," LABOUR, CEIS, vol. 22(s1), pages 27-51, June.
    4. Paolo Naticchioni & Andrea Ricci, 2009. "Decreasing Wage Inequality in Italy: The Role of Supply and Demand for Education," Working Papers - Dipartimento di Economia 9-DEISFOL, Dipartimento di Economia, Sapienza University of Rome, revised 2009.
    5. Paolo Naticchioni & Andrea Ricci & Emiliano Rustichelli, 2007. "Wage Structure, Inequality And Skill-Biased Change: Is Italy An Outlier?," Quaderni del Dipartimento di Economia, Finanza e Statistica 38/2007, Università di Perugia, Dipartimento Economia.

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    More about this item

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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