Unobserved heterogeneity and risk in wage variance: does more schooling reduce earnings risk?

Jacopo Mazza; Hans van Ophem; Joop Hartog

doi:10.1016/j.labeco.2013.09.007

Unobserved heterogeneity and risk in wage variance: does more schooling reduce earnings risk?

Jacopo Mazza^*
, Hans van Ophem
, Joop Hartog

^*Autor correspondente para este trabalho

Resultado de pesquisa › revisão de pares

12 Citações (Scopus)

Resumo

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.

Idioma original	English
Páginas (de-até)	323-338
Número de páginas	16
Revista	Labour Economics
Volume	24
DOIs	https://doi.org/10.1016/j.labeco.2013.09.007
Estado da publicação	Publicado - out. 2013
Publicado externamente	Sim

ODS da ONU

Este resultado contribui para o(s) seguinte(s) Objetivo(s) de Desenvolvimento Sustentável

ODS 1 Zero pobreza
ODS 8 Trabalho digno e crescimento económico
ODS 10 Desigualdades reduzidas

Acesso ao documento

10.1016/j.labeco.2013.09.007

Outros arquivos e links

Link to publication in Scopus

Citação

@article{8eb86d84eb014e4f8f0213f04ac684d3,

title = "Unobserved heterogeneity and risk in wage variance: does more schooling reduce earnings risk?",

abstract = "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.",

keywords = "Education, Replication, Selectivity, Unobserved heterogeneity, Wage inequality, Wage uncertainty",

author = "Jacopo Mazza and \{van Ophem\}, Hans and Joop Hartog",

year = "2013",

month = oct,

doi = "10.1016/j.labeco.2013.09.007",

language = "English",

volume = "24",

pages = "323--338",

journal = "Labour Economics",

issn = "0927-5371",

publisher = "Elsevier B.V.",

}

TY - JOUR

T1 - Unobserved heterogeneity and risk in wage variance

T2 - does more schooling reduce earnings risk?

AU - Mazza, Jacopo

AU - van Ophem, Hans

AU - Hartog, Joop

PY - 2013/10

Y1 - 2013/10

N2 - 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.

AB - 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.

KW - Education

KW - Replication

KW - Selectivity

KW - Unobserved heterogeneity

KW - Wage inequality

KW - Wage uncertainty

UR - https://www.scopus.com/pages/publications/84886409505

U2 - 10.1016/j.labeco.2013.09.007

DO - 10.1016/j.labeco.2013.09.007

M3 - Article

AN - SCOPUS:84886409505

SN - 0927-5371

VL - 24

SP - 323

EP - 338

JO - Labour Economics

JF - Labour Economics

ER -

Unobserved heterogeneity and risk in wage variance: does more schooling reduce earnings risk?

Resumo

ODS da ONU

Acesso ao documento

Outros arquivos e links

Impressão digital

Citação