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Garcia-Mainar, Inmaculada

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Education returns of wage earners and self-employed workers: Portugal vs. Spain

This paper investigates the returns to education in two Southern [European Union] EU countries, Portugal and Spain,... Show more
This paper investigates the returns to education in two Southern [European Union] EU countries, Portugal and Spain, both characterized by a relatively high self-employment rate. The impact of education on both wage earners and the self-employed is analyzed by using a comparable data set coming from the European Community household panel during the period 1994-2000. To correct for the ability bias and recover the education coefficients, an efficient generalized instrumental variable technique is applied. Results show that returns are different across the two countries as well as across the two employment statuses.
Comment by Jordahl, Poutvaara and Tuomala indexed at TD/TNC 97.897.
Published abstract reprinted from 'Economics of education review', copyright 2005, with permission from Elsevier. Show less

Authors: Garcia-Mainar, Inmaculada; Montuenga-Gomez, Victor M.

Date: 2005

Geographic subjects: Europe; Spain; Portugal

Resource type: Article

Journal title: Economics of education review

Subjects: Economics; Outcomes; Income ... [+] Show more