Is the earnings-schooling relationship linear? A semiparametic analysis
College
School of Economics
Document Type
Article
Source Title
Economics Bulletin
Volume
3
Issue
37
First Page
1
Last Page
8
Publication Date
2005
Abstract
Using data from Labor Force Surveys (LFS), this study implements additive models to analyze the impact of schooling on wages. It also uses the Sperlich, Tjostheim and Yang (2002) test to validate the existence of interaction terms. Results confirm that the earnings-schooling relationship exhibits convexity. However, the degree to which the said relationship is convex is materially affected by the presence of the interaction component in the additive wage function.
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Recommended Citation
Dacuycuy, L. B. (2005). Is the earnings-schooling relationship linear? A semiparametic analysis. Economics Bulletin, 3 (37), 1-8. Retrieved from https://animorepository.dlsu.edu.ph/faculty_research/6785
Disciplines
Labor Economics
Keywords
Wages—Effect of education on
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