Education and Signaling: Evidence from a highly competitive labor market

Education and Signaling: Evidence from a highly competitive labor market

• Heywood, John S. Dept. of Economics, University of Wisconsin-Milwaukee
• Wei, Xiangdong Lingnan University and Research Fellow, University of Birmingham

Education Economics, 12(1), 1-16, 2004

Routledge

2004

• P Social Context of Education
  • PD Economy & Education

Educational Attainment Labor Market Foreign Countries Self Employment Outcomes of Education Gender Differences Employment

• Hong Kong

• 1997.7 onwards

• Unknown or Unspecified

This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed, suggesting that in the highly competitive labor market of Hong Kong education plays a signaling role. This pattern persists for both genders, when accounting for self-selection into employment status and when accounting for self-employed professionals who signal.
[Copyright of Education Economics is the property of Routledge. Full article may be available at the publisher's website:
http://dx.doi.org/10.1080/0964529042000193925]

• English

Journal Articles

• 09645292

• 10.1080/0964529042000193925

https://bibliography.lib.eduhk.hk/bibs/4bab751d

2010-09-08