A dynamic Mincer equation with an application to Portuguese data

This article argues in favour of a dynamic specification of the Mincer equation, where the past observed earnings play the role of additional explanatory variable for current observed earnings. A dynamic approach offers an explanation why the return to schooling in terms of observed earnings is not independent of labour-market experience, as suggested by some recent empirical evidence for the United States.

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Year of publication:	2010
Authors:	Andini, Corrado
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 42.2010, 16, p. 2091-2098
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008498831