ブラジルにおける教育の収益率

賃金関数の非線型性に着目して

抄録

In this article we estimate the private returns to education in Brazil focusing on the non-linearity of the wage function. The Brazilian household survey called PNAD enables us to classify the labor force by very detailed educational level, and we can estimate the wage function flexibly. The results of OLS and quantile regression suggest that the return to education is non-linear and sheepskin effects are considered as the plausible source of the non-linearity.