Český finanční a účetní časopis 2017(3):57-68 | DOI: 10.18267/j.cfuc.501

The estimation of Mincer function in conditions of the Czech republic

Savina Finardi1, Jakub Fischer2
1 Vysoká škola ekonomická v Praze, Fakulta financí a účetnictví, katedra veřejných financí, nám. W. Churchilla 4, 130 67 Praha 3.
2 Vysoká škola ekonomická v Praze, Fakulta informatiky a statistiky, katedra ekonomické statistiky, nám. W. Churchilla 4, 130 67 Praha 3.

The paper deals with the evaluation of investment in higher education through Mincer's function, which is one of the most important methods of evaluation of this investment. The authors deal with a large set of observations of a total of 20,000, reflecting the positive influence of higher education on the wage earnings of individuals in the conditions of the Czech Republic. However, the positive impact of education attained is not the only relevant factor, but also other factors such as the region, gender and the economic sector affect the total earnings.

Keywords: Human capital; Higher education; Mincer function.
JEL classification: I23, J31

Published: February 1, 2018  Show citation

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Finardi, S., & Fischer, J. (2017). The estimation of Mincer function in conditions of the Czech republic. Czech Financial and Accounting Journal, 2017(3), 57-68. doi: 10.18267/j.cfuc.501
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