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ERIC Number: ED310167
Record Type: Non-Journal
Publication Date: 1987
Pages: 8
Abstractor: N/A
Reference Count: N/A
Education and Earnings: Empirical Findings from Alternative Operationalizations.
Kominski, Robert
Data from the third-wave interview of the 1984 panel of the Survey of Income and Program Participation (SIPP) are used to assess the empirical impact of a SIPP item concerning educational attainment on the regression of earnings on educational attainment. The SIPP is a longitudinal survey conducted by the United States Census Bureau to measure economic, social, and demographic characteristics of persons, and how these characteristics change over time. The SIPP involves a multi-stage cluster sample of all living quarters, representing all non-institutionalized residents of the United States, aged 15 years and older. Households remain in the sample for about 2.5 years, and are interviewed every 4 months. The data for this analysis were restricted to persons aged 18 to 64 years for whom data on education had not been imputed. Three different measures of education are used: (1) years of school completed; (2) a series of dummy variables based on the years of school data, representing five groups; and (3) a nine-category variable based on the highest degree completed. Analysis of the data indicates that a new measure of educational attainment, based on the highest degree attained, yields a better earnings-to-education relationship than does the existing measure of years of schooling completed. The improvement in the model appears to apply to the entire adult population; however, the addition of subgroup-specific interaction terms demonstrates the added utility of measuring degrees with respect to gender differences in returns to education. Five data tables are included. (TJH)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A