The returns to school-quality-adjusted education of immigrants in Germany

Journal for Labour Market Research

Table 3 OLS—Estimated returns to education—Natives.

Dep. Var: Log(hourly wages)	(1)	(2)	(3)
Years of education	0.067***	0.068***	0.066***
Years of education	(0.001)	(0.001)	(0.001)
Experience			0.019***
Experience			(0.001)
(Experience-squared)/100			− 0.033***
(Experience-squared)/100			(0.002)
Male		0.210***	0.170***
Male		(0.005)	(0.005)
Age		0.040***	0.026***
Age		(0.001)	(0.001)
(Age–squared)/100		− 0.038***	− 0.027***
(Age–squared)/100		(0.001)	(0.001)
Married			0.031***
Married			(0.005)
Constant	1.842***	0.811***	0.696***
Constant	(0.015)	(0.030)	(0.031)
Person-year observations	188,065	188,065	188,065
R-squared	0.107	0.282	0.372

Dependent variable: Natural logarithm of hourly wages. Sample of natives aged 18 to 64, having full-time or regular part-time employment. Clustered robust standard errors at the individual level are reported in parentheses. ***, ** and * indicate significance at the 1%, 5% and 10% level, respectively. In addition to the covariates shown in the table, models (2) and (3) control for federal state fixed effects and survey year fixed effects. Model (3) additionally controls for occupation, establishment size and industry fixed effects