Panel data on MBA graduates is used in an attempt to empirically distinguish between human capital and signaling models of education. The existence of employment observations prior to MBA enrollment allows for the control of unobserved ability or selection into MBA programs (through the use of individual fixed effects). In addition, variation in…

As schools and districts seek to recruit teachers, individuals in non-teaching professions are an appealing possible pool. These potential teachers come with work experience and may have expertise that would serve them well in the classroom. While there has been substantial rhetoric assailing the virtues of teachers with prior professional…

This paper adds to the sparse literature on the consequences of education-occupation mismatches. It examines the income penalty for field of education-occupation mismatches for men and women with higher education degrees in Sweden and reveals that the penalty for such mismatches is large for both men and women. For mismatched men the income…

Community college education is a key component of Canadian postsecondary education, with 21% of the population aged 25-64 having college credentials. In order to understand educational decisions at this level, we estimate a model of choice of field of study and analyze, among other things, the effect of earnings on this choice. In this way, we…

Building on the existing education literature, we address two interrelated questions. First, how sensitive are estimated returns to two-year and four-year colleges to the inclusion of in-school work experience? Second, do the estimated returns to in-school work experience vary by type of educational institution attended? Regarding the first…

Compares registered nurses' wage profiles across three types of educational backgrounds (two-, three-, and four-year programs), allowing for alternative construction of the work-experience variable and correcting for participation selectivity and choice-of-credential biases. Results suggest that estimated wage equations are quite sensitive to the…

College-educated women are less than half as likely as men to be employed in science and engineering (S&E); and if they are, earn about 20 percent less. Using data from the 1993 National Survey of College Graduates, we estimate jointly, determinants of S&E employment and earnings in both S&E and non-S&E jobs. Taking account of gender differences…

In this study, we explore the value of personality characteristics in explaining success in labor market entry with a sample of graduates in economics from Maastricht University (the Netherlands). Specifically, the paper addresses the following twofold research question: does personality explain labor market outcomes, and how much weight does this…

Using data from the manufacturing sector of Iran, examines the existence of hierarchical structure in data used and the advantages of employing multilevel modeling in human capital analysis of earnings differentials. Finds that (1) data used are dominated by a hierarchical structure and (2) the amount of education and experience is significantly…

Investigates the relationships among schooling, experience, job status, and earnings in a large, private company in India. Results indicate that job status rises monotonically with experience and channels the transmission effects of schooling and experience onto earnings. Marginal productivity theory and the weak version of the screening…

Uses data for male high-school graduates to estimate a wage model that includes detailed measures of high-school coursework and postschool work experience as covariates. High-school employment's direct effect on subsequent wages is small and relatively short-lived. Vocational courses and postgraduation work experience provide indirect benefits.…

Until 1975 around half of all graduates from Dutch basic vocational schools finished a 3-year program, the other half finished a 4-year program. In 1975 all 3-year programs were extended to four years. This was accompanied by an increase of the compulsory school leaving age with one year. The authors evaluate the long-term wage effects of this…

Estimates separate earnings equations by employment sector and gender in Spain and identifies returns to human capital, based on 1990-91 household survey data. Public wages are higher, and civil servants more highly educated. However, the public sector pays lower returns to education and experience. Earnings advantage is largest for least skilled…

Estimates earnings reported by 219 recent college graduates and earnings expected by 248 college seniors, considering seven variables. Although students' expectations generally accord with recent graduates' marketplace experiences, students underestimate the earnings outcome of working more hours and overestimate age effects. The model holds truer…

Analyzes econometrically the relationship between individual school characteristics and earnings of students entering the labor force directly from high school, using High School and Beyond data. One category of characteristics, school-to-work interventions, is a predictor. Access to labor-market information and substantial work-for-pay experience…