【China Economic Review】Skill complementarities and returns to higher education: Evidence from college enrollment expansion in China
发布时间:2018-01-09     字号: [小] [中] [大]

Hongbin Li, YueyuanMa,Lingsheng Meng,Xue Qiao,XinzhengShi


【Abstract】We find that the increased supply of college graduates resulting from college enrollment expansion in China increases college premiums for older cohorts and decreases college premiums for younger cohorts. This finding is inconsistent with the canonical model that assumes substitution among workers of different ages. We subsequently build a simple model that considers complementarities among workers of different ages and different skill levels. Our model predicts that the college premium of senior workers increases with the supply of young college graduates when skill is a scarce resource. The model's predictions are supported by empirical tests.


全文下载请点击



凡本网编辑上传的文章内容(注明转载文章除外),均为武汉大学质量发展战略研究院合法拥有版权或有权使用的作品,未经本网授权不得转载、摘编或利用其它方式使用上述作品。已经本网授权使用作品的,应在概仅范围内使用,并主明“来源:武大学质量发展战略研究院“。违反上述声明者,本网将追究其相关法律责任。

如需转发本网文章,因作品内容、版权和其它问题需要同我们联系的,请在相关作品刊发之日起30日内进行。

关闭
网站访问总量: 3303643