Demand and supply effects and returns to college education: Evidence from a natural experiment with engineers in Denmark
The demand and supply model predicts that a larger relative net supply of a particular skill group will negatively affect its relative wage. To test this, we use the opening of a new university in Denmark as a natural experiment. We show that the opening of Aalborg University created a shock to the supply of structural engineers in the mid-1980s. Because Aalborg University did not have a chemical engineering program, we use chemical engineers as a control group and find that the wages of structural engineers dropped in and around 1984, when the supply of structural engineers peaked.
Year of publication: |
2016
|
---|---|
Authors: | Qvist, Hans-Peter Y. ; Holm, Anders ; Munk, Martin D. |
Publisher: |
London (Ontario) : The University of Western Ontario, Centre for Human Capital and Productivity (CHCP) |
Saved in:
freely available
Series: | CHCP Working Paper ; 2016-4 |
---|---|
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 877679185 [GVK] hdl:10419/180878 [Handle] |
Source: |
Persistent link: https://www.econbiz.de/10011878858
Saved in favorites
Similar items by person
-
Qvist, Hans-Peter Y., (2016)
-
Qvist, HansāPeter Y., (2020)
-
Hours of paid work and volunteering : evidence from Danish panel data
Qvist, Hans-Peter Y., (2021)
- More ...