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Моделиране На Възвращаемостта От Образование И Реализация На Притежателите На Докторски Степени На Пазара На Труда В България
[Modeling returns to education and labour market outcomes of doctoral degree holders in Bulgaria]

Author

Listed:
  • Simeonova-Ganeva, Ralitsa
  • Panayotova, Nataliya
  • Ganev, Kaloyan

Abstract

In this study we present the theoretical framework of the so called Mincerian equations used for modelling returns to education. Then, we construct a conceptual framework which allows us to answer the question “What happens to doctoral degree holders in the labour market?”. We analyse data for about 45,000 PhD graduates in Bulgaria from the NSI survey Career development of PhD degree holders run in 2007, 2009, and 2010. An attempt is made to measure pay gaps in terms of gender and major of study. Using Mincerian equations, we calculate these pay gaps, and thus we answer the question whether there are any income differences among doctoral degree holders. We find out that a doctoral degree holder in natural or technical science has a significantly higher return than a degree holder in social or humanitarian studies. Another finding is that the greatest gender pay gaps are observed in social and humanitarian studies while the smallest gap is in natural and technical sciences.

Suggested Citation

  • Simeonova-Ganeva, Ralitsa & Panayotova, Nataliya & Ganev, Kaloyan, 2013. "Моделиране На Възвращаемостта От Образование И Реализация На Притежателите На Докторски Степени На Пазара На Труда В България [Modeling returns to education and labour market outcomes of doctoral d," MPRA Paper 48175, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:48175
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    References listed on IDEAS

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    More about this item

    Keywords

    returns to education; doctoral degree holders; labour market income; gender pay gap; pay gaps by field of study;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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