Estimates of the causal effects of education on earnings over the life cycle with cohort effects and endogenous education.

Autor/inn/en	Migali, Guiseppe; Walker, Ian
Titel	Estimates of the causal effects of education on earnings over the life cycle with cohort effects and endogenous education. Gefälligkeitsübersetzung: Einschätzung der kausalen Auswirkungen von Bildung auf das Einkommen im Lebenslauf mit Kohorteneffekten und endogener Bildung.
Quelle	In: CESifo economic studies, 64 (2018) 3, S. 516-544 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	1610-241X; 1612-7501
DOI	10.1093/cesifo/ifx020
Schlagwörter	Kohortenanalyse; Bildungsniveau; Bildungsertrag; Hochschulbildung; Altersabhängigkeit; Alter; Geschlechtsspezifik; Großbritannien
Abstract	"We estimate the wage premia associated with educational attainments focusing on the life cycle pattern of earnings. We employ a model where educational attainment is discrete and ordered and log wages are determined by a simple function of work experience for each level of attainment. We distinguish between life cycle and cohort effects by exploiting the fact that we have a short panel. We find that age-earnings profiles lose the traditional bell shape and become flat when we allow for cohort differences. Females still have higher college premia compared to males. However, there are clear earnings inequalities between cohorts with smaller college premia for younger compared to older cohorts, for both males and females." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2019/1