Is the earnings-schooling relationship linear? a semiparametric analysis

Using data from Labor Force Surveys (LFS), this study implements additive models to analyze the impact of schooling on wages. It also uses the Sperlich, Tjostheim and Yang (2002) test to validate the existence of interaction terms. Results confirm that the earnings-schooling relationship exhibits convexity. However, the degree to which the said relationship is convex is materially affected by the presence of the interaction component in the additive wage function.

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Year of publication:	2005
Authors:	Dacuycuy, Lawrence
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 3.2005, 37, p. 1-8
Publisher:	AccessEcon
Subject:	schooling

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C1 - Econometric and Statistical Methods: General ; I2 - Education
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005416872