Choice of reference levels of education matter in the ORU earnings equation?

This paper examines whether the results of the earnings equation developed in the over-education/required education/under-education (ORU) literature are sensitive to whether the usual or reference levels of education are measured using the Realized Matches or Worker Self-Assessment methods. The anal...

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Main Authors: Chiswick, B., Miller, Paul
Format: Journal Article
Published: Pergamon 2010
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/5552
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author Chiswick, B.
Miller, Paul
author_facet Chiswick, B.
Miller, Paul
author_sort Chiswick, B.
building Curtin Institutional Repository
collection Online Access
description This paper examines whether the results of the earnings equation developed in the over-education/required education/under-education (ORU) literature are sensitive to whether the usual or reference levels of education are measured using the Realized Matches or Worker Self-Assessment methods. The analyses are conducted for all male native-born and immigrant workers in the US, by level of skill, and by occupation. While point estimates differ, particularly when earnings equations are estimated for the smaller samples of sub-groups of the workforce, the general findings are robust to this measurement issue. Thus, the answers provided to the typical research questions in the ORU literature on the productivity of schooling are independent of the measure of the usual or reference level of education used in the analyses.
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spelling curtin-20.500.11937-55522019-02-19T04:26:20Z Choice of reference levels of education matter in the ORU earnings equation? Chiswick, B. Miller, Paul Rates of return Schooling Skill Immigrants Occupations Earnings This paper examines whether the results of the earnings equation developed in the over-education/required education/under-education (ORU) literature are sensitive to whether the usual or reference levels of education are measured using the Realized Matches or Worker Self-Assessment methods. The analyses are conducted for all male native-born and immigrant workers in the US, by level of skill, and by occupation. While point estimates differ, particularly when earnings equations are estimated for the smaller samples of sub-groups of the workforce, the general findings are robust to this measurement issue. Thus, the answers provided to the typical research questions in the ORU literature on the productivity of schooling are independent of the measure of the usual or reference level of education used in the analyses. 2010 Journal Article http://hdl.handle.net/20.500.11937/5552 10.1016/j.econedurev.2010.06.001 Pergamon fulltext
spellingShingle Rates of return
Schooling
Skill
Immigrants
Occupations
Earnings
Chiswick, B.
Miller, Paul
Choice of reference levels of education matter in the ORU earnings equation?
title Choice of reference levels of education matter in the ORU earnings equation?
title_full Choice of reference levels of education matter in the ORU earnings equation?
title_fullStr Choice of reference levels of education matter in the ORU earnings equation?
title_full_unstemmed Choice of reference levels of education matter in the ORU earnings equation?
title_short Choice of reference levels of education matter in the ORU earnings equation?
title_sort choice of reference levels of education matter in the oru earnings equation?
topic Rates of return
Schooling
Skill
Immigrants
Occupations
Earnings
url http://hdl.handle.net/20.500.11937/5552