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Purpose – Seeks to answer the question: “do certain occupations offer lower financial benefits to acquiring years of formal schooling than others?”. Design/methodology/approach – This study uses data from the 2003 Current Population Survey to estimate rates of return to education across...
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Uses qualitative response models of occupational choice to investigate differences in the occupational structures of minority workers relative to white men. Compares the accuracy of multinomial logit and multiple discriminant analyses in predicting occupational distributions. Further,...
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This study offers an alternative empirical technique to test whether the favorable self-selection hypothesis applies to internal migrants in the United States. Our empirical specification attempts to determine if prospective migrants possess unobserved traits such as higher ability or motivation...
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Estimates of the union wage premium for US workers are presented based on longitudinal data from the 1979 cohort of the National Longitudinal Survey of Youth. Our results indicate that the long-term private-sector union wage premium for men has remained fairly steady at nearly 22% over the...
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