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Life-Cycle Bias and the Returns to Schooling in Current and Lifetime Earnings
returns to schooling life-cycle bias lifetime earnings current earnings errors-in-variables model
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2012/10/26
This paper uses a unique data set with nearly career-long earnings histories to provide evidence on the returns to schooling in current and lifetime earnings. We use these results to assess the import...
Employer Learning and the Returns to Schooling
Employer learning returns to education tenure experience on-the-job training
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2013/10/18
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee’s education is an important signal to the employer initially. Over time, the retur...