Journal ArticleDOI
What a quantile approach can tell us about returns to education in Europe.
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In this article, the relationship between wages and education at a European level, using a quantile regression in order to be able to extend the study along the whole wage distribution, is analyzed.Abstract:
This paper seeks to analyse the relationship between wages and education at a European level, using a quantile regression in order to be able to extend the study along the whole wage distribution. This analysis is carried out for a sample of 14 European countries (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain and the United Kingdom), using the European Community Household Panel data‐set. The paper aims to investigate whether the relationship between wages and education at European level is homogeneous and stable through time by running regressions for average and current (log)wages. Policy implications are derived.read more
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Journal ArticleDOI
Wage Inequality and Returns to Education in Turkey: A Quantile Regression Analysis
Aysit Tansel,Fatma Bircan Bodur +1 more
TL;DR: In this paper, the male wage inequality and its evolution over the 1994-2002 period in Turkey by estimating Mincerian wage equations using ordinary least squares and quantile regression techniques was investigated.
Report SeriesDOI
Less Income Inequality and More Growth – Are they Compatible? Part 8. The Drivers of Labour Income Inequality – A Literature Review
TL;DR: Despite a general trend of increasing labour income inequality, there have been differences in the timing, intensity and even direction of these changes across OECD countries as mentioned in this paper, leading to a significant revision of the previous consensus about the key drivers.
Posted Content
Convergence and Growth: Portugal in the EU 1986-2010
TL;DR: In this paper, a growth regression with quantile regressions techniques was used to analyze the impact of non-tradables sector and a loss of competitiveness on Portugal's long-term economic performance.
Journal ArticleDOI
An Analysis of Visitors' Expenditures in a Tourist Destination: OLS, Quantile Regression and Instrumental Variable Estimators
TL;DR: In this article, the authors used information gathered by interviewing visitors about their levels of expenditure to study the impact of socio-demographic and trip-related characteristics on tourist expenditures. But their results suggest that the impact on tourist expenditure goes far beyond the mean effect.
Journal ArticleDOI
The determinants of earnings inequality
Jean-Marc Fournier,Isabell Koske +1 more
TL;DR: In this article, the determinants of labour earnings at different parts of the distribution and hence the determinant of overall labour earnings inequality were explored for 32 countries and found that, in general, a rise in the share of workers with an uppersecondary or post-secondary non-tertiary degree was associated with a narrowing of the earnings distribution, while a shift in the sector composition of the economy is not found to have a large impact on overall earnings inequality.
References
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Forms of Capital
TL;DR: The notion of capital is a force inscribed in objective or subjective structures, but it is also a lex insita, the principle underlying the immanent regularities of the social world as mentioned in this paper, which is what makes the games of society, not least the economic game, something other than simple simple games of chance offering at every moment the possibility of a miracle.
Book
Schooling, Experience, and Earnings
TL;DR: In this article, the authors analyzed the distribution of worker earnings across workers and over the working age as consequences of differential investments in human capital and developed the human capital earnings function, an econometric tool for assessing rates of return and other investment parameters.
Journal ArticleDOI
The bell curve : intelligence and class structure in American life
TL;DR: In this paper, the authors discuss the evolution of cognitive class and education in the United States and the role of race and ethnicity in cognitive ability in the development of cognitive ability and the level of American education.
Posted Content
The causal effect of education on earnings
TL;DR: This paper surveys the recent literature on the causal relationship between education and earnings and concludes that the average (or average marginal) return to education is not much below the estimate that emerges from a standard human capital earnings function fit by OLS.