Slovak Women Wage Structure: Does Education Matter?
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Abstract
The aim of the article is to analyze changes in the returns to education for women between 2005 and 2009 in the Slovak Republic. A Mincer equation is estimated along the entire wage distribution using quantile and OLS regressions. Data used for the analysis are individual data from harmonized EU SILC statistical survey. The results indicate tree points. Firstly, education affects women's earnings positively. The return to an additional year of schooling is close to 5 %. Secondly, returns to education for women did not change significantly from 2005 to 2009. Thirdly, the influence of education on the women´s earnings is more significant than of work experience.
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