Work detail

Returns to schooling in different industries: The case of the Czech Republic

Author: Bc. Martin Havlín
Year: 2016 - summer
Leaders: Mgr. Barbara Pertold-Gebicka M.A., Ph.D.
Work type: Bachelors
Language: English
Pages: 73
Awards and prizes:
Abstract: The thesis examines two main issues that were not covered in much detail or at all in studies
that used Czech data. Firstly, the thesis analyzes the returns to schooling taking into
consideration the industry, where the individual works, and secondly, the thesis measures how
returns to schooling differ in certain industry groups. An OLS regression is run based on an
adjusted Mincer equation with dummy variables for the highest achieved level of schooling
rather than years of schooling. The results of the first analysis show differences among returns to
schooling levels and indicate that industry affects the hourly wage of individuals. The results of
the second main analysis reveal substantial differences of returns to schooling for different
industry groups.


Česká Spořitelna


Patria Finance