Title

Education and signaling : evidence from a highly competitive labor market

Document Type

Journal article

Source Publication

Education Economics

Publication Date

4-1-2004

Volume

12

Issue

1

First Page

1

Last Page

16

Abstract

This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed, suggesting that in the highly competitive labor market of Hong Kong education plays a signaling role. This pattern persists for both genders, when accounting for self-selection into employment status and when accounting for self-employed professionals who signal.

DOI

10.1080/0964529042000193925

Print ISSN

09645292

E-ISSN

14695782

Publisher Statement

Copyright © 2004 Taylor & Francis

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Full-text Version

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Recommended Citation

Heywood, J. S., & Wei, X. (2004). Education and signaling: Evidence from a highly competitive labor market. Education Economics, 12(1), 1-16. doi: 10.1080/0964529042000193925