Education, Experience and Profits: An Application for the Job of Non Wage-earners

Simon Alain Song Ntamack

Abstract


The aim of this study is to justify the human capital theory in the explanation of the differences within work
benefits for non wage-earners in Cameroon. This process is extremely rare in labor economics, since individuals
are generally considered to be salaried. This study uses a theoretical framework developed by Mincer (1974) to
model logarithmic earnings as determined by both the economic and noneconomic individual characteristics. The
data are collected from the National Institute of Statistics’ 2005 Employment and the Informal Sector Survey
(EISS) which give information from 8.540 households around t0he country. The results show that education and
experience play a crucial role in profits of work determination for non wage-earners likewise usual working
condition.


Full Text: PDF DOI: 10.5539/ijbm.v7n4p57

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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