TY  - RPRT
        AU  - Andini, Corrado
        TI  - Wage Bargaining and the (Dynamic) Mincer Equation
        PY  - 2008/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 3822
        UR  - https://www.iza.org/publications/dp3822
        AB  - This paper shows that, if observed earnings are the result of employer-employee wage bargaining, under a set of specific assumptions, the standard static Mincer equation can be thought as a particular case of a dynamic wage equation. Particularly, we argue that the standard static Mincer equation is implicitly based on the hypothesis that the employee has full bargaining power, and provide (further) empirical evidence against this hypothesis.
        KW  - Mincer equation
KW  - return to schooling
KW  - wage bargaining
        ER  -