An Empirical Study of New High School and College Graduates’ Wages Using Alternative Labor Market Models

1985 ◽  
Vol 8 (3) ◽  
pp. 193-210
Author(s):  
Paul Baktari ◽  
J. T. Grasso
2010 ◽  
Vol 2 (4) ◽  
pp. 76-104 ◽  
Author(s):  
Peter Arcidiacono ◽  
Patrick Bayer ◽  
Aurel Hizmo

We provide evidence that college graduation plays a direct role in revealing ability to the labor market. Using the NLSY79, our results suggest that ability is observed nearly perfectly for college graduates, but is revealed to the labor market more gradually for high school graduates. Consequently, from the beginning of their careers, college graduates are paid in accordance with their own ability, while the wages of high school graduates are initially unrelated to their own ability. This view of ability revelation in the labor market has considerable power in explaining racial differences in wages, education, and returns to ability. (JEL D82, I21, I23, J24, J31)


Author(s):  
Brad J. Hershbein

Abstract This paper explores how high school graduate men and women vary in their behavioral responses to beginning labor market entry during a recession. In contrast with previous related literature that found a substantial negative wage impact but minimal employment impact in samples of highly educated men, the empirical evidence presented here suggests a different outcome for the less well educated, and between the sexes. Women, but not men, who graduate high school in an adverse labor market are less likely to be in the workforce for the next four years, but longer-term effects are minimal. Further, while men increase their enrollment as a short-run response to weak labor demand, women do not; instead, they appear temporarily to substitute into home production. Women's wages are less affected than men's, and both groups' wages are less affected than the college graduates previously studied.


2005 ◽  
Vol 78 (3) ◽  
pp. 207-232 ◽  
Author(s):  
Josipa Roksa

Although college graduates earn substantial labor market rewards, not all college degrees are rewarded equally. Graduates who majored in female-dominated fields earn substantially lower incomes than do graduates who majored in male-dominated fields. Income differentials that are associated with different types of college majors are extensively noted but poorly understood. This article advances the previous literature by examining how college major affects the labor market outcomes of college graduates through its relationship with employment sector. The results show that graduates of female-dominated fields are disproportionately employed in public and nonprofit organizations, which offer lower monetary rewards but facilitate access to professional and managerial positions. Notably, college major and employment sector interact in ways that reduce income penalties and enhance the occupational location of graduates of female-dominated fields who work in public and nonprofit settings. These findings highlight the importance of considering organizational context in the study of labor market outcomes, particularly when examining the gendered character of educational credentials and occupations.


2009 ◽  
Vol 44 (1) ◽  
pp. 171-198 ◽  
Author(s):  
Juanna Schrøter Joensen ◽  
Helena Skyt Nielsen

Sign in / Sign up

Export Citation Format

Share Document