Measuring educational heterogeneity and labor quality: A note

Mogens Fosgerau, Svend E. Hougaard Jensen, Anders Sørensen

8 Citations (Scopus)

Abstract

This paper investigates the magnitude of the mismeasurement that occurs when only a few education categories are used in the construction of a constant quality index for labor input. By employing a very comprehensive data set it is found that the error resulting from the omission of information on education is relatively small. The empirical results are thus supportive of the current state of practice of constructing indices of constant quality labor input.

Original languageEnglish
JournalReview of Income and Wealth
Volume48
Issue number2
Pages (from-to)261-269
Number of pages9
ISSN0034-6586
Publication statusPublished - 2002

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