Sign in to use this feature.

Years

Between: -

Subjects

remove_circle_outline
remove_circle_outline
remove_circle_outline
remove_circle_outline

Journals

Article Types

Countries / Regions

Search Results (3)

Search Parameters:
Keywords = college wage premium

Order results
Result details
Results per page
Select all
Export citation of selected articles as:
23 pages, 1775 KiB  
Article
Trends in College–High School Wage Differentials in China: The Role of Cohort-Specific Labor Supply Shift
by Qiao Wen
Sustainability 2022, 14(24), 16917; https://doi.org/10.3390/su142416917 - 16 Dec 2022
Cited by 3 | Viewed by 2473
Abstract
The wage gap between 4-year college (BA) and high school (HS) graduates narrows down among young workers from 2002 to 2009 in urban China, despite steadily increasing BA–HS wage gaps for older workers during the same time. This period corresponds to the labor [...] Read more.
The wage gap between 4-year college (BA) and high school (HS) graduates narrows down among young workers from 2002 to 2009 in urban China, despite steadily increasing BA–HS wage gaps for older workers during the same time. This period corresponds to the labor market entry of a radically increasing number of college-educated labor stimulated by China’s higher education expansion program initiated in 1999. This study examines how cohort-specific relative supply of college-educated labor affects the cohort-specific college wage premiums and the overall BA–HS wage gaps in the labor market. Incorporating an aggregate labor supply model with imperfect substitution across labor with the same education level but in different age groups, changes in age-group-specific BA–HS wage gaps over time are decomposed into changes in aggregate and age-group-specific relative labor supply and demand factors. Findings suggest that the substantially expanded opportunities to attend college contribute to the falling BA–HS income inequality among young post-expansion cohorts: a 1-percent increase in the relative supply of BA-educated workers within one’s own cohorts depresses cohort-specific BA–HS wage gap by 0.2%. Policies that substantially boost educational attainment for certain cohorts could reduce education-related wage gaps for these cohorts and have spillover effects to the wage structure in the labor market. Full article
(This article belongs to the Special Issue Labor Economics and Sustainability)
Show Figures

Figure 1

15 pages, 802 KiB  
Article
Inequality in the Initial Wage of College Graduates at the College-Level Perspective
by Yanming Li, Kangyin Lu and Kaiyuan Wang
Sustainability 2021, 13(24), 13788; https://doi.org/10.3390/su132413788 - 14 Dec 2021
Cited by 5 | Viewed by 2947
Abstract
College graduates, as a labor force with high human capital accumulation, have the problem of initial wage inequality, which is worth paying attention to. Based on the collated micro-survey data form “Employment and Entrepreneurship Development Report of Chinese College Graduates”, which contains 339 [...] Read more.
College graduates, as a labor force with high human capital accumulation, have the problem of initial wage inequality, which is worth paying attention to. Based on the collated micro-survey data form “Employment and Entrepreneurship Development Report of Chinese College Graduates”, which contains 339 samples from vocational colleges, 453 from common colleges, and 360 from key colleges, this study empirically analyzed the inequality of college graduates’ initial wages at the college level. We found that the initial wage income level of college graduates is significantly influenced by the college level. The higher the level is, the higher the initial wage. The initial wage of graduates from key colleges is the highest, and the income inequality between them and vocational college graduates is the most significant. Moreover, there are structural differences in the wage premium effect of the college level on college graduates with a change in wage level. In addition, the study found that there is an obvious gender wage difference among college graduates, and political status, academic ranking, and student cadre experience as well as the nature of the workplace all contributed to the formation of wage premiums to a certain extent. Full article
(This article belongs to the Special Issue Labor Economics and Sustainability)
Show Figures

Figure 1

12 pages, 2506 KiB  
Article
The Impact of Higher Education Expansion on the Educational Wage Premium in Taiwan: 1985 to 2015
by Chien-Liang Chen and Lin-Chuan Chen
Int. J. Financial Stud. 2021, 9(3), 38; https://doi.org/10.3390/ijfs9030038 - 26 Jul 2021
Cited by 2 | Viewed by 3620
Abstract
This research investigates the impact of higher education expansion on the educational wage premium from a long-term perspective in Taiwan. By using 1985 to 2015 Manpower Utilization Survey (MUS) data with the difference-in-difference-in-differences model (DDD), this study analyzes the change of the wage [...] Read more.
This research investigates the impact of higher education expansion on the educational wage premium from a long-term perspective in Taiwan. By using 1985 to 2015 Manpower Utilization Survey (MUS) data with the difference-in-difference-in-differences model (DDD), this study analyzes the change of the wage premium of university educated versus lower-than-university educated counterparts across the expansion of higher education since 1995. The number of universities in Taiwan tripled between 1995 and 2005, from 50 to more than 150, with upgrading of about 100 technology colleges and vocational schools additionally. Dramatic expansion of universities as well as the number of university graduates will shrink the university wage premium for the young generation who entered into the labor market after year 2000, but the older generation will be less affected. The empirical results show that the wages premium of university graduates of the younger generation is 12% to 21% lower than their older generation counterparts due to the higher-education expansion. Full article
(This article belongs to the Special Issue Financial Issues of Emerging Industry)
Show Figures

Figure 1

Back to TopTop