- Title
- Returns to Schooling: A Peculiar Deviation from Linearity
- Author(s)
- Jin Huem Park Jin Park (Princeton University)
- 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.
- Creation Date
- 1994-10
- Section URL ID
- IRS
- Paper Number
- 335
- URL
- https://dataspace.princeton.edu/bitstream/88435/dsp016682x393m/1/335.pdf
- File Function
- Jel
- A31
- Keyword(s)
- wage level and structure, wage differentials by skill, training, occupation
- Suppress
- false
- Series
- 1