Creditential inflation: The relationship between the higher education expansion and the creditential devaluation: A comparative study of Taiwan, Japan and Korea.
| Autor: | YANG CHI-HUA, 楊濟華 |
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| Rok vydání: | 2016 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 104 Since the 1990’s, higher education expansion has moved from massification to universalization. In recent years, “high degree, low wage” occurred across the globle. People started to doubt whether higher education degree began to devalue. This research is exploring the relationship between higher education expansion and the wage. It will use the data from Taiwan, Japan and Korea in form of comparative manner. By using secondary analysis, it gathers the official statistical data from these three countries between 1991 and 2012. Time series analysis is employed to capture their dynamic relationship. Net enrolment rate represents the degree of higher education expansion while employee’s wage indicate corresponding indicator of degree devaluation. The research has shown Taiwan is the only one country facing devaluation of the higher education degree. In Japan, with slow expanding rate of higher education, the wage level is moderately increased along with the widen participation. As to Korea, we saw a rapid a universialized higher eduation sector in a short perod of time. However, the wages of degree holders have gone up the the expansion. Hence, we suggest that high educational should take time to expand so as to allow labour market to accommondate the graduates and stabilize the wage levels. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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