@TechReport{iza:izadps:dp2897, author={Andini, Corrado}, title={A Dynamic Mincer Equation with an Application to Portuguese Data}, year={2007}, month={Jul}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={2897}, url={https://www.iza.org/index.php/publications/dp2897}, abstract={This paper argues in favor of a dynamic specification of the Mincer equation, where past observed earnings play the role of additional explanatory variable for current observed earnings. A dynamic approach offers an explanation why the return to schooling in terms of observed earnings is not independent of labor-market experience, as suggested by some recent empirical evidence for the United States.}, keywords={panel data;Mincer equation;return to schooling;wage level}, }