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Park, Seonyoung – Economics of Education Review, 2011
On the basis of those respondents in the National Longitudinal Survey of Youth (NLSY) who change jobs with an intervening period of education reinvestment, the conventional assumption of linearity of log wages in years of schooling is strongly rejected: a typical reinvestment for the 1980 through 1993 period is associated with a rise of about 3.5…
Descriptors: Outcomes of Education, Probability, Youth, Risk