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In 1958 Jacob Mincer pioneered an important approach to understand earnings distribution. In the years since Mincer … enhances earnings; why earnings rise at a diminishing rate throughout one's life; why earnings growth is smaller for those …, the paper shows that Mincer's original finding of a U-shaped (log) variance of earnings over the life cycle is upheld in …
Persistent link: https://www.econbiz.de/10005711874
This paper reviews Jacob Mincer's contributions to the analyses of earnings and the distribution of earnings through … theoretical literature on the distribution of earnings in the pre-Mincer period, and then discusses his analysis of human capital … and earnings developed in his 1957 doctoral dissertation and 1958 Journal of Political Economy (JPE) article. Further …
Persistent link: https://www.econbiz.de/10005711875
the most rigorous evidence to date on several related dimensions of enduring debates surrounding upward-sloping earnings … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … find that earnings-tenure profiles for employee owners are not upward-sloping but horizontal. In addition we find that pay …
Persistent link: https://www.econbiz.de/10005822365
We examine the impact of parental education on the shape of an individual’s experience-earnings profile. A number of … earnings. Our empirical analysis of US data suggests that this is indeed the case. Higher parental education shifts the … earnings profile significantly to the left – the profile of individuals with parents who both have 15 years of education peaks …
Persistent link: https://www.econbiz.de/10008477206
individuals, including higher post-tax earnings and better employment prospects, which exceed the investment costs, mainly … foregone earnings and tuition fees, by a significant margin. It also shows that the net benefits are strongly influenced by …
Persistent link: https://www.econbiz.de/10005046021
The evidence that earnings rise with firm size and that human capital affects earnings based on labour market data are … role of size and human capital as determinants of either earnings or productivity has been the role of unobserved factors …. In this paper we investigate the roles of size and human capital in determining both earnings and productivity using a …
Persistent link: https://www.econbiz.de/10011152493
Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …
Persistent link: https://www.econbiz.de/10011195650