Human Capital Disparities and Earnings Inequality in The Portuguese Private Labour Market
Bibliographic Data
| ID | 2064018 |
|---|---|
| Authors | Derick R C Almeida (0000-0003-4174-1078, University of Coimbra), João A S Andrade (0000-0003-0999-2264, University of Coimbra), Adelaide Duarte (0000-0002-6585-2744, University of Coimbra), Marta Simões (0000-0003-1046-2551, University of Coimbra) |
| Year | 2022 |
| Volume | 159 |
| Issue | 1 |
| Pages | 145-167 |
| Publication date | 2022-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Social Indicators Research (JOURNAL) |
| Journal identifiers | ISSN: 0303-8300 • E-ISSN: 1573-0921 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s11205-021-02745-0 |
| OpenAlex | W3179462608 |
| Language | EN |
| Citations received | 1 |
| References cited | 41 |
This paper examines human capital inequality and how it relates to earnings inequality in Portugal using data from Quadros de Pessoal for the period 1986-2017. The objective is threefold: (i) show how the distribution of human capital has evolved over time; (ii) investigate the association between human capital inequality and earnings inequality; and (iii) analyse the role of returns to schooling, together with human capital inequality, in the explanation of earnings inequality. Our findings suggest that human capital inequality, computed based on the distribution of average years of schooling of employees working in the Portuguese private labour market, records a positive trend until 2007 and decreases from this year onwards, suggesting the existence of a Kuznets curve of education relating educational attainment levels and education inequality. Based on the decomposition of a Generalized Entropy index (Theil N) for earnings inequality, we observe that inequality in the distribution of human capital plays an important role in the explanation of earnings inequality, although this role has become less important over the last decade. Using Mincerian earnings regressions to estimate the returns to schooling together with the Blinder-Oaxaca decomposition of real hourly earnings we confirm that there are two important forces associated with the observed decrease in earnings inequality: a reduction in education inequality and compressed returns to schooling, mainly in tertiary education
Demographic economics · Distribution (mathematics · Earnings · Economic growth · Economics · Educational attainment · Human capital · Income distribution · Income inequality metrics · Inequality · Labour economics · Theil index · Employment and Welfare Studies · Income, Poverty, and Inequality · Labor market dynamics and wage inequality
Schooling inequality, returns to schooling, and earnings inequality
Econometric Computing with HC and HAC Covariance Matrix Estimators
A Simple Test for Heteroscedasticity and Random Coefficient Variation
Does Education Reduce Income Inequality? A Meta‐regression Analysis
Counterfactual decomposition of changes in wage distributions using quantile regression
Education and Income Inequality
International comparisons of educational attainment
Human capital and growth
On the mechanics of economic development
Male-Female Wage Differentials in Urban Labor Markets
A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
The Blinder–Oaxaca Decomposition for Linear Regression Models
Wage Discrimination
Labour Market Reforms in Portugal 2011-15
Measuring Inequality
A new data set of educational attainment in the world, 1950–2010
Labour Market Institutions and the Personal Distribution of Income in the OECD
Education Expansion, Educational Inequality, and Income Inequality
A Contribution to the Empirics of Economic Growth
Measuring Unidimensional Inequality
Educational Expansion and Schooling Inequality
Inequality in Education and Wealth in Tanzania
Are Educational Mismatches Responsible for the 'Inequality Increasing Effect' of Education
| Citations per year | 0.33 |
|---|---|
| Citation span | 2023 - 2023 (1) |
| Highly cited | No |