More education, less volatility? The effect of education on earnings volatility over the life cycle.

Autor/inn/en	Delaney, Judith M.; Devereux, Paul J.
Institution	Forschungsinstitut zur Zukunft der Arbeit
Titel	More education, less volatility? The effect of education on earnings volatility over the life cycle. Gefälligkeitsübersetzung: Mehr Bildung, weniger Schwankungen? Der Einfluss von Bildung auf Einkommensschwankungen im Lebenslauf.
Quelle	Bonn (2017), 48 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	IZA discussion paper. 11107
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildungsniveau; Bildungsertrag; Schulpflicht; Schulzeit; Reformpolitik; Erwerbstätigkeit; Lohnentwicklung; Lohnflexibilität; Konjunkturabhängigkeit; Mann; Großbritannien
Abstract	"Much evidence suggests that having more education leads to higher earnings in the labor market. However, there is little evidence about whether having more education causes employees to experience lower earnings volatility or shelters them from the adverse effects of recessions. We use a large British administrative panel data set to study the impact of the 1972 increase in compulsory schooling on earnings volatility over the life cycle. Our estimates suggest that men exposed to the law change subsequently had lower earnings variability and less pro-cyclical earnings. However, there is little evidence that education affects earnings volatility of older men." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2018/2