Reconciling Theoretical and Empirical Human Capital Earnings Functions.
To interpret estimates of empirical earnings functions, and to resolve sample selection problems such as "tenure bias", the wage determination process must be specified. This paper show that an earnings function can be interpreted as a wage offer in a labour market auction in which the wor...
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| Format: | Working paper |
| Language: | English |
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Nuffield College (University of Oxford)
2000
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| _version_ | 1797060838296649728 |
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| author | Stevens, M |
| author_facet | Stevens, M |
| author_sort | Stevens, M |
| collection | OXFORD |
| description | To interpret estimates of empirical earnings functions, and to resolve sample selection problems such as "tenure bias", the wage determination process must be specified. This paper show that an earnings function can be interpreted as a wage offer in a labour market auction in which the worker accepts the highest offer received. |
| first_indexed | 2024-03-06T20:22:34Z |
| format | Working paper |
| id | oxford-uuid:2e569f61-bbde-442a-a0f9-7377825335ae |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T20:22:34Z |
| publishDate | 2000 |
| publisher | Nuffield College (University of Oxford) |
| record_format | dspace |
| spelling | oxford-uuid:2e569f61-bbde-442a-a0f9-7377825335ae2022-03-26T12:48:21ZReconciling Theoretical and Empirical Human Capital Earnings Functions.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:2e569f61-bbde-442a-a0f9-7377825335aeEnglishDepartment of Economics - ePrintsNuffield College (University of Oxford)2000Stevens, MTo interpret estimates of empirical earnings functions, and to resolve sample selection problems such as "tenure bias", the wage determination process must be specified. This paper show that an earnings function can be interpreted as a wage offer in a labour market auction in which the worker accepts the highest offer received. |
| spellingShingle | Stevens, M Reconciling Theoretical and Empirical Human Capital Earnings Functions. |
| title | Reconciling Theoretical and Empirical Human Capital Earnings Functions. |
| title_full | Reconciling Theoretical and Empirical Human Capital Earnings Functions. |
| title_fullStr | Reconciling Theoretical and Empirical Human Capital Earnings Functions. |
| title_full_unstemmed | Reconciling Theoretical and Empirical Human Capital Earnings Functions. |
| title_short | Reconciling Theoretical and Empirical Human Capital Earnings Functions. |
| title_sort | reconciling theoretical and empirical human capital earnings functions |
| work_keys_str_mv | AT stevensm reconcilingtheoreticalandempiricalhumancapitalearningsfunctions |