Wage Determination: An Assessment of Returns to Education, Occupation, Region and Industry in Great BritainLondon School of Economics and Political Science, Centre for Economic Performance, 1990 - Economics - 71 pages |
Contents
Evidence from the Family Expenditure Survey 19781985 | 1 |
Description of the data | 15 |
Towards an empirical framework | 22 |
2 other sections not shown
Common terms and phrases
15 Those leaving age was 15 base group coefficients 1978 cross-section wage equations dependent variable Dummy indicating econometric educational coefficients educational dummies effect of changes empirical estimated coefficients experience profile F-test fire service Gomulka and Stern Greater London homoscedastic household human capital IND2 IND3 IND4 IND8 IND9 individual left full-time individual level data individual's industry coefficients industry dummies leaving at 16 left full-time education level of education Mincer Mincer's earnings function minimum age minimum school leaving net present value OCC1 OCC2 OCC3 OCC4 OCC5 OCC6 OCC8 occupational categories occupational coefficients occupational dummies on-the-job training ordinary least squares Predicted log wages predicted wages presented in Table professional bodies proportion real gross wages real wages regional coefficients regional dummies returns to education rise in real sample means sample period school leaving age series of cross-sections significantly standard errors staying in full-time Table A4 wage determination wage differentials