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Title:Wage bargaining and the (dynamic) mincer equation PDF Logo
Authors:Andini, Corrado
Issue Date:2008
Series/Report no.:IZA discussion papers 3822
Abstract:This paper shows that, if observed earnings are the result of employer-employee wage bargaining, under a set of specific assumptions, the standard static Mincer equation can be thought as a particular case of a dynamic wage equation. Particularly, we argue that the standard static Mincer equation is implicitly based on the hypothesis that the employee has full bargaining power, and provide (further) empirical evidence against this hypothesis.
Subjects:Mincer equation
return to schooling
wage bargaining
JEL:I21
Persistent Identifier of the first edition:urn:nbn:de:101:1-20081127512
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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