6533b825fe1ef96bd128200d

RESEARCH PRODUCT

Un réexamen du modèle de gains de Mincer

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A re-appraisal of mincer's earnings model Starting from rough measures of formal schooling and on the job training, the earning model proposed by J. Mincer (1974) suceed to explain a substantial proportion of the variance of individual earning. The explanatory power of the model can be significantly boosted by increasing the quality of the variables. In spite of the robustness of the model, the interpretation of the results is to be taken cautiously. These results can be derived from alternative theoretical hypothesis and namely to the one known as the filter hypothesis. It is shown that a specification of the earnings function consistent with the filter hypothesis is proced to be empirically supported in the explanation of the variance of the earnings. Furthermore, this specification helps to understand the changes with time in the impact of lob experience on earnings.