The Impact of education and mismatch on wages: Germany, 1984-2000

Muysken, Joan, Hoppe, Mombert and Rieder, Hannah (2002). The Impact of education and mismatch on wages: Germany, 1984-2000. UNU-MERIT Research Memoranda. UNU-MERIT.

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UNU-MERIT Research memoranda

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  • Sub-type Working paper
    Author Muysken, Joan
    Hoppe, Mombert
    Rieder, Hannah
    Title The Impact of education and mismatch on wages: Germany, 1984-2000
    Series Title UNU-MERIT Research Memoranda
    Volume/Issue No. 31
    Publication Date 2002
    Publisher UNU-MERIT
    Language eng
    Abstract In analysing the impact of education on wage differentials and wage growth, we use next to personal characteristics (e. g. education and experience) also job characteristics (e. g. skills required) to explain wages. We estimate wage equations on individual data for Germany, 1984 ' 2000. When discussing observed and previously unobserved heterogeneity it turns out that personal characteristics like education and experience explain about half of the variation in wages. At least 20 per cent is explained by variation in job characteristics. When comparing the results with similar research for the Netherlands an the USA, the returns to experience are the same in all countries, while the premiums on required skills and in particular education are much higher in the USA.
    Copyright Year 2002
    Copyright type All rights reserved
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    Created: Fri, 13 Dec 2013, 12:41:58 JST