A Dynamic Mincer Equation with an Application to Portuguese Data

Corrado Andini (1)

1 Department of Management and Economics

This paper argues in favor of a dynamic specification of the Mincer equation, where past observed earnings play the role of additional explanatory variable for current observed earnings. A dynamic approach offers an explanation why the return to schooling in terms of observed earnings is not independent of labor-market experience, as suggested by some recent empirical evidence for the United States.

Mots clés: Social Sciences & Humanities

Corrado Andini. A Dynamic Mincer Equation with an Application to Portuguese Data. Applied Economics, 2010, 42 (16), pp.2091-2098. ⟨10.1080/00036840701765429⟩. ⟨hal-00605262⟩