Does education raise productivity and wages equally? The moderating role of age and gender

Artikel

We estimate the impact of education on productivity, wage costs and productivity-wage gaps (i.e. profits) using Belgian linked panel data. Findings highlight that educational credentials have a stronger impact on productivity than on wage costs. Firms' profitability is found to rise when lower educated workers are substituted by higher educated ones. This effect is found to be more pronounced among younger workers and women. Findings thus suggest that the productivity to wage cost ratio of low-educated workers is detrimental to their employability, especially when young or female. They also support the existence of a glass ceiling on women's career development.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA Journal of Labor Economics ; ISSN: 2193-8997 ; Volume: 7 ; Year: 2018 ; Issue: 1 ; Pages: 1-37 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models ; Analysis of Education ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials
• Subject: Education ; Labour costs ; Productivity ; Gender ; Age Linked panel data

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kampelmann, Stephan ; Rycx, François ; Saks, Yves ; Tojerow, Ilan
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2018

Further information

• DOI: doi:10.1186/s40172-017-0061-4
• Handle: http://hdl.handle.net/10419/195023
• Last update: 10.03.2025, 11:42 AM CET