Education, gender and earnings in France and Germany: level and dispersion effects

Charlotte Lauer

Brussels Economic Review, 2004, vol. 47, issue 3-4, 505-542

Abstract: DThis paper analyses the relationship between education, gender and earnings in France and Germany. The model chosen here enables to estimate the impact of education not only on the expected earnings level but also on their dispersion, taking gender-specific sample selectivity into account. The results indicate that the completion of a minimum level of general instruction yields an earnings premium that cannot compensated by a vocational degree. Moreover, education affects the uncertainty of earnings. General qualifications are found to increase the earnings risk, vocational one to reduce it. More education, especially tertiary education, yields a high earnings premium but is associated with the highest earnings uncertainty. Women enjoy a higher earnings premium for education than men and though they face overall a higher earnings uncertainty, they can – more than men – reduce this risk by investing in their education.

Keywords: education; earnings; heteroscedasticity (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://dipot.ulb.ac.be/dspace/bitstream/2013/11959/1/ber-0306.pdf ber-0306 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bxr:bxrceb:y:2004:v:47:i:3-4:p:505-541

Ordering information: This journal article can be ordered from
http://hdl.handle.ne ... ulb.ac.be:2013/11959

Access Statistics for this article

More articles in Brussels Economic Review from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().