Artikel
Estimating the return to schooling using the Mincer equation
The Mincer equation—arguably the most widely used in empirical work—can be used to explain a host of economic, and even non-economic, phenomena. One such application involves explaining (and estimating) employment earnings as a function of schooling and labor market experience. The Mincer equation provides estimates of the average monetary returns of one additional year of education. This information is important for policymakers who must decide on education spending, prioritization of schooling levels, and education financing programs such as student loans.
- Sprache
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2016 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
Fertility; Family Planning; Child Care; Children; Youth
Economics of Gender; Non-labor Discrimination
Labor Force and Employment, Size, and Structure
Time Allocation and Labor Supply
Socialist Systems and Transitional Economies: Factor and Product Markets; Industry Studies; Population
Comparative Studies of Particular Economies
- Thema
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human capital
labor market experience
earnings
income distribution
Jacob Mincer
- Ereignis
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Geistige Schöpfung
- (wer)
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Patrinos, Harry Anthony
- Ereignis
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Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
-
2016
- DOI
-
doi:10.15185/izawol.278
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Patrinos, Harry Anthony
- Institute for the Study of Labor (IZA)
Entstanden
- 2016
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