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Educational Screening and Occupational Earnings / Edward N. Wolff, Joel Hay.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Wolff, Edward N.
Contributor:
National Bureau of Economic Research.
Hay, Joel.
Series:
Working Paper Series (National Bureau of Economic Research) no. w0174.
NBER working paper series no. w0174
Language:
English
Subjects (All):
Income distribution.
Learning ability--Testing.
Learning ability.
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1977.
Cambridge, Mass. : National Bureau of Economic Research, 1977.
Summary:
The educational screening hypothesis states that beyond a certain point schooling functions as a signaling device to identify pre-existing talents. We test for the presence of screening by comparing the schooling and earnings of self-employed workers and of those employed by others in a sample set of occupations. We expect those employed by others to pursue additional schooling to signal prospective employers. We expect self-employed managers to acquire no additional schooling for signaling purposes. We expect other self-employed workers to obtain additional schooling to signal potential customers. Our empirical results, based on 1970 Census data, strongly support the case for screening. However, the relative magnitude of the screening portion of schooling is relatively modest, lying between approximately 5 and 10 percent.
Notes:
Print version record
April 1977.

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