The Journal of political economy, 2014-04, Vol.122 (2), p.282-318
2014
Details
- Autor(en) / Beteiligte
- Titel
- The signaling value of a high school diploma
- Ist Teil von
- The Journal of political economy, 2014-04, Vol.122 (2), p.282-318
- Ort / Verlag
- Chicago: University of Chicago Press
- Erscheinungsjahr
- 2014
- Link zum Volltext
- Quelle
- EBSCOhost Business Source Ultimate
- Beschreibungen/Notizen
- This paper distinguishes between the human capital and signaling theories by estimating the earnings return to a high school diploma. Unlike most indicators of education (e.g., a year of school), a diploma is essentially a piece of paper and, hence, by itself cannot affect productivity. Any earnings return to holding a diploma must therefore reflect the diploma’s signaling value. Using regression discontinuity methods to compare the earnings of workers who barely passed and barely failed high school exit exams—standardized tests that students must pass to earn a high school diploma—we find little evidence of diploma signaling effects.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 1537-534X, 0022-3808eISSN: 1537-534XDOI: 10.1086/675238Titel-ID: cdi_uchicagopress_journals_675238
- Format
- –
- Schlagworte
- Bildungsertrag, Certification, Diplomas, Earnings, Economic theory, Einkommenseffekt, Exit examinations, Graduations & commencements, High school diplomas, High school equivalency programs, High school students, High schools, Human capital, Instrumental variables estimation, Outcomes of education, Personalauswahl, Political economy, Polynomials, Productivity, Regression analysis, Schulabgänger, Schulabschluss, Schulleistung, Schulversagen, Secondary school students, Secondary schools, Sekundarbereich, Sekundarstufe I, Standardized tests, Students, Studies, Test scores, Texas, USA, Zeugnis