IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/48175.html
   My bibliography  Save this paper

Моделиране На Възвращаемостта От Образование И Реализация На Притежателите На Докторски Степени На Пазара На Труда В България
[Modeling returns to education and labour market outcomes of doctoral degree holders in Bulgaria]

Author

Listed:
  • Simeonova-Ganeva, Ralitsa
  • Panayotova, Nataliya
  • Ganev, Kaloyan

Abstract

In this study we present the theoretical framework of the so called Mincerian equations used for modelling returns to education. Then, we construct a conceptual framework which allows us to answer the question “What happens to doctoral degree holders in the labour market?”. We analyse data for about 45,000 PhD graduates in Bulgaria from the NSI survey Career development of PhD degree holders run in 2007, 2009, and 2010. An attempt is made to measure pay gaps in terms of gender and major of study. Using Mincerian equations, we calculate these pay gaps, and thus we answer the question whether there are any income differences among doctoral degree holders. We find out that a doctoral degree holder in natural or technical science has a significantly higher return than a degree holder in social or humanitarian studies. Another finding is that the greatest gender pay gaps are observed in social and humanitarian studies while the smallest gap is in natural and technical sciences.

Suggested Citation

  • Simeonova-Ganeva, Ralitsa & Panayotova, Nataliya & Ganev, Kaloyan, 2013. "Моделиране На Възвращаемостта От Образование И Реализация На Притежателите На Докторски Степени На Пазара На Труда В България
    [Modeling returns to education and labour market outcomes of doctoral d
    ," MPRA Paper 48175, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:48175
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/48175/1/MPRA_paper_48175.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters,in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350 National Bureau of Economic Research, Inc.
    2. Tomaske, John A, 1974. "Private and Social Rates of Return to Education of Academicians: Note," American Economic Review, American Economic Association, vol. 64(1), pages 220-224, March.
    3. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters,in: Schooling, Experience, and Earnings, pages 1-4 National Bureau of Economic Research, Inc.
    4. Card, David & Krueger, Alan B, 1992. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 1-40, February.
    5. Checchi,Daniele, 2008. "The Economics of Education," Cambridge Books, Cambridge University Press, number 9780521066464, March.
    6. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, January.
    7. Cameron,A. Colin & Trivedi,Pravin K., 2008. "Microeconometrics," Cambridge Books, Cambridge University Press, number 9787111235767, December.
    8. Card, David, 1999. "The causal effect of education on earnings," Handbook of Labor Economics,in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 30, pages 1801-1863 Elsevier.
    9. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75, pages 352-352.
    10. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66, pages 281-281.
    11. Gary S. Becker, 1994. "Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition)," NBER Books, National Bureau of Economic Research, Inc, number beck94-1, January.
    12. Ashenfelter, Orley & Krueger, Alan B, 1994. "Estimates of the Economic Returns to Schooling from a New Sample of Twins," American Economic Review, American Economic Association, vol. 84(5), pages 1157-1173, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    returns to education; doctoral degree holders; labour market income; gender pay gap; pay gaps by field of study;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:48175. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.