Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64354
Authors: 
Andren, Daniela
Earle, John S.
Sapatoru, Dana
Year of Publication: 
2004
Series/Report no.: 
Upjohn Institute Working Paper 04-108
Abstract: 
We estimate the impact of schooling on monthly earnings from 1950 to 2000 in Romania. Nearly constant at about 3-4% during the socialist period, the coefficient on schooling in a conventional earnings regression rises steadily during the 1990s, reaching 8.5% by 2000. Our analysis finds little evidence for either the standard explanations of such an increase in the West (labor supply movements, product demand shifts, technical change) or the transition-specific accounts sometimes offered (wage liberalization, border opening, increased quality of education). But we find some support for institutional and organizational explanations, particularly the high productivity of education in restructuring and entrepreneurial activities in a disequilibrium environment.
Subjects: 
returns to schooling
human capital
education
wage differentials
transition
Romania
JEL: 
I20
J23
J24
J31
O15
P23
P31
Document Type: 
Working Paper

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