Fig. 6

Wage Premia for Education Groups (25 to 35 years) (Source: 2% IABS Sample for full-time workers between the age of 25 and 35 years. Left panel: N = 6,738,035. Right panel: 6,569,463. Note: Wage premia are indicated by coefficients obtained from year-by-year estimations of Mincer earnings equations with education attainment (in reference to low education), potential experience, potential experience squared and a female dummy variable (left panel), and task categories in addition (right panel). All coefficients plotted are statistically significant at the 1% confidence level. Wages above the social security contributions ceiling (right-censoring) have been imputed using a Tobit estimation)