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Using a Mincer-type wage function, we estimate cohort effects in the returns to education for West German workers born between 1925 and 1974. The main problem to be tackled in the specification is to separately identify cohort, experience, and possibly also age effects in the returns. For women,...
Persistent link: https://www.econbiz.de/10010297667
The paper concentrates on the question whether the low level of productivity in East Germany can be explained by … human capital endowments; in fact, the effective stock on human capital in East Germany is lower than in West Germany when … younger cohorts. This impedes a fast convergence in productivity between East and West Germany. …
Persistent link: https://www.econbiz.de/10010260566