EconPapers    
Economics at your fingertips  
 

Does education raise productivity and wages equally? The moderating role of age and gender

Stephan Kampelmann, Francois Rycx, Yves Saks and Ilan Tojerow
Additional contact information
Yves Saks: National Bank of Belgium

IZA Journal of Labor Economics, 2018, vol. 7, issue 1, 1-37

Abstract: Abstract We estimate the impact of education on productivity, wage costs and productivity-wage gaps (i.e. profits) using Belgian linked panel data. Findings highlight that educational credentials have a stronger impact on productivity than on wage costs. Firms’ profitability is found to rise when lower educated workers are substituted by higher educated ones. This effect is found to be more pronounced among younger workers and women. Findings thus suggest that the productivity to wage cost ratio of low-educated workers is detrimental to their employability, especially when young or female. They also support the existence of a glass ceiling on women’s career development.

Keywords: Education; Labour costs; Productivity; Gender; Age Linked panel data (search for similar items in EconPapers)
JEL-codes: C33 I21 J24 J31 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
http://link.springer.com/10.1186/s40172-017-0061-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:izalbr:v:7:y:2018:i:1:d:10.1186_s40172-017-0061-4

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40172

DOI: 10.1186/s40172-017-0061-4

Access Statistics for this article

IZA Journal of Labor Economics is currently edited by Joni Hersch and Pierre Cahuc

More articles in IZA Journal of Labor Economics from Springer, Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2024-10-17
Handle: RePEc:spr:izalbr:v:7:y:2018:i:1:d:10.1186_s40172-017-0061-4