Full Citation

Title: Measurement Error in Work Experience Measures

Citation Type: Conference Paper

Publication Year: 2004

ISBN:

ISSN:

DOI:

NSFID:

PMCID:

PMID:

Abstract: This paper addresses the bias inherent in the use of potential, as opposed toactual, work experience measures in human capital models. We create predictedwork experience measures from the NLSY79 and the PSID and extend our ?nd-ings to the IPUMS. We consider both additive and multiplicative measurementerror constructs and ?nd that the classical errors-in-variables framework doesnot apply. Our results indicate that potential work experience biases the eectsof schooling and the rates of return to labor market experience, particularly forthe female subset. Using such a measure in human capital models explainsless of the male-female wage gap as well.

User Submitted?: No

Authors: Regan, Tracy L.; Oaxaxa, Ronald L.

Conference Name: Western Econ. Assn. Intl. 79th Annual Conf.

Publisher Location: Vancouver, Canada.

Data Collections: IPUMS USA

Topics: Methodology and Data Collection, Other

Countries: