期刊名称：IoES Working Paper Series / Institute of Economic Studies, University of Iceland
出版年度：2007
卷号：2007
出版社：niversity of Iceland
摘要：The human capital assumption predicts that the income of working individuals is related to
the length of schooling and the length of experience in the labour market. Mincer used this
as basis for estimating the return to investment in education. Mincer¡¯s method has been
replicated for many countries over long periods of time. This paper reports results from
experiments with using background information gathered by omnibus surveys conducted by
the Social Science Research Institute of the University of Iceland during the period 1985 to
1999. We conclude that adding one year of schooling induces an increase in yearly salary
(income) of wage earners by 4 to 8%.
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