A comparison of the Israel labor market between 1974 and 1983 found that both higher wages and age-earnings profiles were related to higher education levels. For higher education levels, the age-earnings profile presents steeper parabolic shapes. An earnings peak for higher educational levels at later ages was found only for 1974. Technological…

Using census data relating to secondary school completers in Israel, alternative explanations are examined for the well-documented positive relation between education and earnings. Results suggest that educational certification may exert an independent, positive influence on earnings over and above the investment effect of human capital. Includes…