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Panel data on MBA graduates is used in an attempt to empirically distinguish between human capital and signaling models of education. The existence of employment observations prior to MBA enrollment allows for the control of unobserved ability or selection into MBA programs (through the use of...
Persistent link: https://www.econbiz.de/10010702981
The 1973 Raising of the School Leaving Age from 15 to 16 has been used to identify returns to years’ schooling. However, because the first set of “high stakes” exams are taken in the UK at age 16, the reform affected the proportion with qualifications, as well as schooling length. In order...
Persistent link: https://www.econbiz.de/10011049027
The estimation of the economic return to education has perhaps been one of the predominant areas of analysis in applied economics for over 50 years. In this short note we consider some of the recent directions taken by the literature, and also some of the blockages faced by both science and...
Persistent link: https://www.econbiz.de/10011049030
-invariant unobservable characteristics of students, we find that students who enroll in associate's degree programs in for-profit colleges … associate's degree students attend for an average of 2.6 years, this translates to a 4% return per year of education in a for …
Persistent link: https://www.econbiz.de/10011117004
This paper examines the relative labor market gains for first-time college students who entered the North Carolina … National Student Clearinghouse data across 830,000 students between 2001 and 2010. Findings from this study confirm those from … returns. Returns were higher for female than for male students. Despite the Great Recession, the returns to college remain …
Persistent link: https://www.econbiz.de/10011190255
A worker is said to be overeducated if he/she has acquired more education than is required to perform his/her job. In the absence of data measuring the number of years of schooling required to perform particular jobs, we propose a new approach to testing for overeducation. Overeducation is...
Persistent link: https://www.econbiz.de/10010573406
On the basis of those respondents in the National Longitudinal Survey of Youth (NLSY) who change jobs with an intervening period of education reinvestment, the conventional assumption of linearity of log wages in years of schooling is strongly rejected: a typical reinvestment for the 1980...
Persistent link: https://www.econbiz.de/10010577144