Using data for the 1990?s, this paper examines the role of sheepskin effects in the returns to education for Japan. Our … the US. These results could be explained by the particular recruitment system of large firms in Japan, which makes the …

Using data for the 1990 ?s,this paper examines the role of sheepskin effects in the returns to education for Japan ….These results could be explained by the particular recruitment system of large firms in Japan, which makes university diploma as a …