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| Title: | Returns to Schooling: A Peculiar Deviation from Linearity |
| Authors: | Park, Jin Huem |
| Keywords: | wage level and structure
wage differentials by skill
training
occupation |
| Issue Date: | 1-Oct-1994 |
| Series/Report no.: | Working Papers (Princeton University. Industrial Relations Section) ; 335 |
| Abstract: | Results reported in this paper indicate that the returns-to-schooling
profile exhibits a peculiar departure from log-linearity. In
particular, for white males, the return to the 15th year of schooling
(the third year of college) seems to be much smaller than that predicted
by log-linearity. That is, people with 15 years of schooling do not
appear to earn any more than those with 14 years of schooling. I
discuss several theories and evidence that may explain the peculiarity.
Amongst them, measurement error in schooling seems the most plausible. |
| URI: | http://arks.princeton.edu/ark:/88435/dsp016682x393m |
| Appears in Collections: | IRS Working Papers
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