Sheepskin Effects in Japan
Using data for the 1990’s, this paper examines the role of sheepskin effects in the returns to education for Japan. Our estimations indicate that sheepskin effects explain about 50% of the total returns to schooling. We further find that sheepskin effects are only important for workers in small firms with the size of these effects being similar to comparable estimates for the US. These results could be explained by the particular recruitment system of large firms in Japan, which makes the university diploma as a screening device unimportant for large firms.
Year of publication: |
2002-10
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Authors: | Bauer, Thomas K. ; Dross, Patrick J. ; Haisken-DeNew, John P. |
Institutions: | Institute for the Study of Labor (IZA) |
Subject: | returns to education | sheepskin effects | Japan |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Notes: | The text is part of a series 1 Number 593 16 pages |
Classification: | J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; I21 - Analysis of Education |
Source: |
Persistent link: https://www.econbiz.de/10005822544