Unobserved heterogeneity and risk in wage variance: Does more schooling reduce earnings risk?
Unobserved heterogeneity and risk in wage variance: Does more schooling reduce earnings risk?
复制标题
未观察到的异质性和工资差异风险:更多的学校教育会降低收入风险吗?
DOI:
10.1016/j.labeco.2013.09.007
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发表时间:
2013
期刊:
影响因子:
--
通讯作者:
J. Hartog
中科院分区:
文献类型:
--
作者:
J. Mazza;H. Ophem;J. Hartog
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education to data for the USA, the UK and Germany. We find that in residual wage variation, uncertainty by far dominates unobserved heterogeneity. The relation between uncertainty and level of education is not monotonic and differs among countries.