Measuring Educational Heterogeneity and Labour Quality: A Note

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    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
    Issue number2
    Pages (from-to)261-269
    Publication statusPublished - Jun 2002

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