Testing for sheepskin effects in earnings equations: evidence for five countries
Using a dataset that allows consistent cross-country comparisons the non-linearity in a conventional earnings equation is tested with respect to schooling. The findings suggest that the assumption of linearity is not robust and that there are well-determined positive returns to the completion of educational levels. However, inferences are sensitive to the choice of functional form.
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Volume (Year): 8 (2001)
Issue (Month): 9 ()
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