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ANDIN, CORRADO
Returns to Education and Wage Equations: a Dynamic Approach
Applied Economics Letters 14,8 (June 2007): 577 - 579. Also: http://www.uma.pt/andini/Documentos/DERWI_DA3%20mod2.pdf
Cohort(s): NLSY79
ID Number: 5685
Publisher: Routledge

We study the impact of education on within-groups wage inequality using quantile-regression techniques and U.S. data for the period of 1980-1987. Our contribution consists of comparing estimates based on a standard Mincer equation with estimates based on a modified Mincer equation in which past earnings play the role of additional explanatory variable. We find that a dynamic model does not give the same answer as a static model regarding the impact of schooling on earnings dispersion, and provide an explanation for this result. [Abstract from the Author]

Data are from the U.S. National Longitudinal Survey of Youth for the period of 1980-1987


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