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来源类型Working Paper
规范类型报告
DOI10.3386/w24160
来源IDWorking Paper 24160
Changes across Cohorts in Wage Returns to Schooling and Early Work Experiences
Jared Ashworth; V. Joseph Hotz; Arnaud Maurel; Tyler Ransom
发表日期2018
出版年2018
语种英语
摘要This paper investigates the wage returns to schooling and actual early work experiences, and how these returns have changed over the past twenty years. Using the NLSY surveys, we develop and estimate a dynamic model of the joint schooling and work decisions that young men make in early adulthood, and quantify how they affect wages using a generalized Mincerian specification. Our results highlight the need to account for dynamic selection and changes in composition when analyzing changes in wage returns. In particular, we find that ignoring the selectivity of accumulated work experiences results in overstatement of the returns to education.
主题Econometrics ; Estimation Methods ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w24160
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/581834
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Jared Ashworth,V. Joseph Hotz,Arnaud Maurel,et al. Changes across Cohorts in Wage Returns to Schooling and Early Work Experiences. 2018.
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