Main Article Content
Abstract
This sudy uses a Mincerian earnings function to estimate the effect of education and experience on the wages of women working in developed business and trade center of Bishkek, Kyrgyzstan. It employs a robust median regression and M Regression to estimate the fuctions for both public and private sectors. The paper also estimates the fuction using a least squared regression for comparisson. Finding/Originality: The results show that returns to education for women employees in private sector are higher than that of in the public sector. In contrast, the returns to experience for women employees in the public sector are higher than those in the private sector. The study reveals that schooling has strong causal effects on wages. Therefore, the goverment should give sufficient priority to education. Every Som spent in quality education generates strong positive returns for the whole economy. so that Kyrgyz government should put more efforts to enable individuals staying longer in education
Keywords
returns to education
wage distribution
women employee
mincer equation
Article Details
License
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Economic Journal of Emerging Markets by Center for Economic Studies, Universitas Islam Indonesia is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
How to Cite
Caglayan Akay, E., Oskonbaeva, Z., & Sacakli-Sacildi, I. (2019). The causal effects of education on wages: evidence from Kyrgyzstan. Economic Journal of Emerging Markets, 11(2), 183–194. https://doi.org/10.20885/ejem.vol11.iss2.art6