The Canadian earnings functions under test
Syed Akbari () and
Applied Economics Letters, 1997, vol. 4, issue 2, 133-139
Many Canadian studies continue to use Mincer's basic post-schooling earnings function to analyse labour market earnings of individuals. Several policy recommendations are based on these analyses. The underlying assumptions in these studies are that the Mincer's specification of earnings model is correct and that the error terms of these models are normally distributed and homoscedastic. By performing several tests on four cross-sectional Canadian data sets ranging from 1981 to 1991, the present study confirms previous suggestions in literature that the standard Mincer specification of earnings model should not be adopted without testing. The hypotheses of a correctly specified functional form, and of the normality and homoscedasticity of errors, are rejected for all the data sets used in this study. These results question the validity of past policy recommendations based on Mincer type earnings functions in Canada.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:4:y:1997:i:2:p:133-139
Ordering information: This journal article can be ordered from
Access Statistics for this article
Applied Economics Letters is currently edited by Anita Phillips
More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().