Lauer, Charlotte; Steiner, Viktor - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2000
This paper analyses the developments in the returns to education in West Germany for the period from 1984 to 1997. Based on simple Mincer-type wage equations, we estimate a return of about 8% for men and 10% for women, and these returns have remained remarkably stable over the period. On the...