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Career technical education (CTE) programs at community colleges are increasingly seen as an attractive alternative to four-year colleges, yet little systematic evidence exists on the returns to specific certificates and degrees. We estimate returns to CTE programs using administrative data from...
Persistent link: https://www.econbiz.de/10012457529
The standard economic model of occupational choice following a basic Roy model emphasizes individual selection and comparative advantage, but the sources of comparative advantage are not well understood. We employ a unique combination of Dutch survey and registry data that links math and...
Persistent link: https://www.econbiz.de/10014250203
I generalize the canonical model--in which relative supply and demand for worker skills shape the skill premium--incorporating monopsony power, minimum wages, and unemployment. I estimate the extended canonical model using national data and, separately, state-level data. I show that...
Persistent link: https://www.econbiz.de/10013334528
to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market … for graduates. The principal finding is that the longitudinal/cohort earnings profile for college graduates flattened … markedly relative to that for high school graduates in the 1970s. With smaller growth rates of earnings for the college …
Persistent link: https://www.econbiz.de/10012478365
We randomly assign applicants to over-subscribed programs to study the effects of teaching hard and soft skills in vocational training and examine their impacts on skills acquisition and labor market outcomes using both survey and administrative data. We find that providing vocational training...
Persistent link: https://www.econbiz.de/10012481403
employer characteristics for a large sample of Canadian college graduates with different predicted earnings using matched …. We find that young graduates entering the labor market in a recession suffer significant initial earnings losses that …
Persistent link: https://www.econbiz.de/10012466535
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...
Persistent link: https://www.econbiz.de/10012470950
This project studies the impact of education mismatch on labor outcomes. Across our sample of OECD countries, there is evidence of mismatch in education choices and labor markets. Labor market outcomes are not independent of education mismatch. Our framework for analysis is a dynamic choice...
Persistent link: https://www.econbiz.de/10012482388
The dramatic expansion of the education system and the transformation of the economy in China provide an opportunity to investigate how the labor market rewards skills. Between 2007 and 2018, the overall return to cognitive skills is virtually constant at 10%, whereas the college premium drops...
Persistent link: https://www.econbiz.de/10014322755
High school exit exams are meant to standardize the quality of public high schools and to ensure that students graduate with a set of basic skills and knowledge. Evidence suggests that a common perverse effect of exit exams is an increase in dropout for students who have difficulty passing...
Persistent link: https://www.econbiz.de/10012938711