The role of credentials in the Canadian labour market
We study the role of credentials or 'sheepskin effects' in the Canadian labour market. Sheepskin effects refer to increases in wages associated with the receipt of a degree after controlling for educational inputs such as years of schooling. We find strong evidence of sheepskin effects ass...
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Veröffentlicht in: | The Canadian journal of economics 2002-11, Vol.35 (4), p.879-905 |
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container_title | The Canadian journal of economics |
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creator | Ferrer, Ana M. Riddell, W. Craig |
description | We study the role of credentials or 'sheepskin effects' in the Canadian labour market. Sheepskin effects refer to increases in wages associated with the receipt of a degree after controlling for educational inputs such as years of schooling. We find strong evidence of sheepskin effects associated with graduation from high school, community college or trade school, and university. The importance of credentials increases with educational attainment, accounting for 30 per cent of the return to 16 years of schooling but more than half of returns above 16 years. Our evidence indicates that both years of schooling and degree completion influence earnings. JEL Classification: I2, J3 |
doi_str_mv | 10.1111/0008-4085.00158 |
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subjects | Academic degrees Bachelors degrees Canada College diplomas Earnings Economics Education Educational attainment Graduates High school diplomas High schools Human capital Impact analysis Income Labor market Labor markets Labour market Professional certification Qualifications Studies Universities Wage rates Wages |
title | The role of credentials in the Canadian labour market |
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