Diploma as signal? Estimating sheepskin effects in the Philippines
| Autor: | Rosechin Olfindo |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Economic growth
Sociology and Political Science Higher education business.industry media_common.quotation_subject education 05 social sciences Wage Developing country Sample (statistics) Development Possession (law) Education Empirical research 0502 economics and business Value (economics) Economics Demographic economics 050207 economics business Productivity health care economics and organizations 050205 econometrics media_common |
| Zdroj: | International Journal of Educational Development. 60:113-119 |
| ISSN: | 0738-0593 |
| DOI: | 10.1016/j.ijedudev.2017.11.001 |
| Popis: | The screening theory of education argues that education does not necessarily enhance worker’s productivity, but serves only as a signal of worker’s pre-existing ability. Empirical studies found that the mere possession of a diploma increases wages disproportionately than without it, or the so-called sheepskin effects. Using a sample of urban non-agricultural wage workers in the Philippines, this paper finds substantial sheepskin effects for holding a tertiary diploma, even after controlling for individual heterogeneity. While returns to tertiary education are lower in the competitive (private) sector, there is evidence of diverging age-earnings profiles between tertiary and secondary graduates, indicating a productive value higher education. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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