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The specification of earnings functions : tests and implications (Inglês)

Many studies of the returns to education have relied on the Mincerian specification for the earnings function. This study uses data from a random sample of adult male workers of the 1980 Brazilian census to test the empirical validity of the assumptions embodied in this specification, with the following findings: the evidence supports the assumption that the appropriate regressand is the logarithm of earnings, but it does not support the implicit...
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