Economics at your fingertips  

GINI DP 69: Return to Education and Income Inequality in Europe and the US

Camilla Mastromarco (), Vito Peragine () and Serlenga, L. (Laura)

GINI Discussion Papers from AIAS, Amsterdam Institute for Advanced Labour Studies

Abstract: In this paper we study the relationship between wage inequality and education in 13 OECD countries over the period 1985-2005 using the Luxembourgh Income Study (LIS) data. Our results show a great deal of heterogeneity in the patterns of the rate-of-return estimates across countries. On the other hand, our results confirm the finding of a general increase in wage inequality. As for the correlation between wage premia and wage inequality, the results show a positive but weak correlation between the estimates of the education return and the Gini index and between the convexity of wage premia and wage inequality. The results show that the increase in wage inequality in the countries considered can only partially be accounted for by observable characteristics such as education and educational premia; i.e., it is largely residual in its nature.

Date: 2011-12
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... eragine,Serlenga.pdf (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:

Access Statistics for this paper

More papers in GINI Discussion Papers from AIAS, Amsterdam Institute for Advanced Labour Studies Nieuwe Prinsengracht 130, 1018 VZ Amsterdam. Contact information at EDIRC.
Bibliographic data for series maintained by Wiemer Salverda ().

Page updated 2020-10-17
Handle: RePEc:aia:ginidp:69