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EDUCATIONAL SCREENING BY CERTIFICATES: AN EMPIRICAL TEST
Author(s) -
LIU PAKWAI,
WONG YUECHIM
Publication year - 1982
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1982.tb01143.x
Subject(s) - wage , test (biology) , productivity , economics , labour economics , economic growth , paleontology , biology
This paper argues that the relevant test of wage screening effects should be based on educational certificates rather than years of schooling. This is because information conveyed to firms about individual productivity through years of schooling is not sufficiently refined for making individual wage offer decisions. Although it may be useful for making hiring decisions.