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The economic benefits of schooling in New Zealand: Comment and update

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  • Rainer Winkelmann

Abstract

In this paper, I discuss the interpretation of qualification related income differentials from income functions that control for age rather than the theoretically more appropriate variable years of labour market experience. I re-estimate income functions for New Zealand that were originally reported by Maani (1997) with changed specification, and I update her results by also estimating an income function with data from the 1996 Census.

Suggested Citation

  • Rainer Winkelmann, 1998. "The economic benefits of schooling in New Zealand: Comment and update," New Zealand Economic Papers, Taylor & Francis Journals, vol. 32(2), pages 187-195.
    • Handle: RePEc:taf:nzecpp:v:32:y:1998:i:2:p:187-195
    DOI: 10.1080/00779959809544288
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    Cited by:

    1. John Gibson & Carolyn Watane, 2001. "Why is job security lower for Maori and pacific island workers? The role of employer-provided training," New Zealand Economic Papers, Taylor & Francis Journals, vol. 35(1), pages 1-24.
    2. Gibson, John & Fatai, Osaiasi Koliniusi, 2006. "Subsidies, selectivity and the returns to education in urban Papua New Guinea," Economics of Education Review, Elsevier, vol. 25(2), pages 133-146, April.
    3. Dean Hyslop & Dave Maré, 2009. "Skill Upgrading in New Zealand, 1986–2001," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 42(4), pages 422-434, December.
    4. Joint Working Group, Government officials and ISI, 1999. "Saving Rates and Portfolio Allocation in New Zealand Joint Working Group Government Officials and ISI," Treasury Working Paper Series 99/09, New Zealand Treasury.

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