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Religion and the rate of return to human capital: evidence from Australia

Author:
Kortt, Michael A.   Dollery, Brian  


Journal:
Applied Economics Letters


Issue Date:
2012


Abstract(summary):

We estimated the relationship between religion and the rate of return to human capital for Australia. Data from the Household Income Labour Dynamics Survey were analysed for men aged between 25 and 54 years. Conventional human capital functions were estimated using Ordinary Least Squares (OLS). Our results suggest that Catholic men benefit from a wage premium of 6.7%, controlling for an extensive range of controls.


Page:
943-946


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