Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men

Much attention has been paid to the issue of possible nonlinearities in the relationship between log wages and schooling in the literature on both the United States and developing countries. The author uses data from a recent household survey for t...

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Main Author: Schady, Norbert R.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2001/03/1047467/convexity-sheepskin-effects-human-capital-earnings-function-recent-evidence-filipino-men
http://hdl.handle.net/10986/19688
id okr-10986-19688
recordtype oai_dc
spelling okr-10986-196882021-04-23T14:03:44Z Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men Schady, Norbert R. ADDITION ADMINISTRATIVE DATA AGED ATTENDING SCHOOL BASIC EDUCATION COMPOSITION COSTS OF EDUCATION DEVELOPING COUNTRIES EDUCATION LEVEL EDUCATION LEVELS EMPIRICAL STUDIES EMPLOYMENT ENGINEERING ENROLLMENT ENROLLMENT RATE ENROLLMENT RATES FORMAL EDUCATION FRACTIONS GIRLS GROSS ENROLLMENT GROSS ENROLLMENT RATES GROSS ENROLLMENT RATIO GROSS ENROLLMENT RATIOS HIGH ENROLLMENT HOUSEHOLD INCOME HOUSEHOLD SURVEYS HOUSING INNOVATION LABOR FORCE LABOR MARKET LEARNING LEVELS OF EDUCATION LITERATURE PAPERS PARENTS POSITIVE IMPACT POVERTY REDUCTION PRIMARY EDUCATION PRIMARY SCHOOL PRIMARY SCHOOLING PRIVATE COSTS PRIVATE SECTOR PUBLIC SECTOR QUALITY EDUCATION QUALITY OF EDUCATION RATES OF RETURN RECENT EVIDENCE REPETITION REPETITION RATES RURAL AREAS SCHOOLING SECONDARY EDUCATION SIBLINGS SIGNIFICANT IMPACT SPEAKING SPORTS TEACHER TEACHER SALARIES TEACHERS TEACHING TEACHING MATERIALS TERTIARY EDUCATION UNIVERSITY EDUCATION URBAN AREAS VOCATIONAL TRAINING WORKERS WORKING HOURS Much attention has been paid to the issue of possible nonlinearities in the relationship between log wages and schooling in the literature on both the United States and developing countries. The author uses data from a recent household survey for the Philippines, the 1998 Annual Poverty Indicator Survey, to test the fit of the log-linear specification for Filipino men. He presents results based on various estimation strategies, including spline regressions and semi-parametric regressions with a large number of dummy variables for years of schooling and experience. He concludes that: 1) There appear to be large differences between rates of return to education across different levels in the Philippines. The wage premia for both primary and secondary education are significantly smaller than those for tertiary education. 2) Within each level - primary, secondary, and university - the last year of schooling is disproportionately rewarded in higher wages. That is, there appear to be clear sheepskin effects associated with graduation. 2014-08-26T17:41:50Z 2014-08-26T17:41:50Z 2001-03 http://documents.worldbank.org/curated/en/2001/03/1047467/convexity-sheepskin-effects-human-capital-earnings-function-recent-evidence-filipino-men http://hdl.handle.net/10986/19688 English en_US Policy Research Working Paper;No. 2566 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Philippines
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADDITION
ADMINISTRATIVE DATA
AGED
ATTENDING SCHOOL
BASIC EDUCATION
COMPOSITION
COSTS OF EDUCATION
DEVELOPING COUNTRIES
EDUCATION LEVEL
EDUCATION LEVELS
EMPIRICAL STUDIES
EMPLOYMENT
ENGINEERING
ENROLLMENT
ENROLLMENT RATE
ENROLLMENT RATES
FORMAL EDUCATION
FRACTIONS
GIRLS
GROSS ENROLLMENT
GROSS ENROLLMENT RATES
GROSS ENROLLMENT RATIO
GROSS ENROLLMENT RATIOS
HIGH ENROLLMENT
HOUSEHOLD INCOME
HOUSEHOLD SURVEYS
HOUSING
INNOVATION
LABOR FORCE
LABOR MARKET
LEARNING
LEVELS OF EDUCATION
LITERATURE
PAPERS
PARENTS
POSITIVE IMPACT
POVERTY REDUCTION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIMARY SCHOOLING
PRIVATE COSTS
PRIVATE SECTOR
PUBLIC SECTOR
QUALITY EDUCATION
QUALITY OF EDUCATION
RATES OF RETURN
RECENT EVIDENCE
REPETITION
REPETITION RATES
RURAL AREAS
SCHOOLING
SECONDARY EDUCATION
SIBLINGS
SIGNIFICANT IMPACT
SPEAKING
SPORTS
TEACHER
TEACHER SALARIES
TEACHERS
TEACHING
TEACHING MATERIALS
TERTIARY EDUCATION
UNIVERSITY EDUCATION
URBAN AREAS
VOCATIONAL TRAINING
WORKERS
WORKING HOURS
spellingShingle ADDITION
ADMINISTRATIVE DATA
AGED
ATTENDING SCHOOL
BASIC EDUCATION
COMPOSITION
COSTS OF EDUCATION
DEVELOPING COUNTRIES
EDUCATION LEVEL
EDUCATION LEVELS
EMPIRICAL STUDIES
EMPLOYMENT
ENGINEERING
ENROLLMENT
ENROLLMENT RATE
ENROLLMENT RATES
FORMAL EDUCATION
FRACTIONS
GIRLS
GROSS ENROLLMENT
GROSS ENROLLMENT RATES
GROSS ENROLLMENT RATIO
GROSS ENROLLMENT RATIOS
HIGH ENROLLMENT
HOUSEHOLD INCOME
HOUSEHOLD SURVEYS
HOUSING
INNOVATION
LABOR FORCE
LABOR MARKET
LEARNING
LEVELS OF EDUCATION
LITERATURE
PAPERS
PARENTS
POSITIVE IMPACT
POVERTY REDUCTION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIMARY SCHOOLING
PRIVATE COSTS
PRIVATE SECTOR
PUBLIC SECTOR
QUALITY EDUCATION
QUALITY OF EDUCATION
RATES OF RETURN
RECENT EVIDENCE
REPETITION
REPETITION RATES
RURAL AREAS
SCHOOLING
SECONDARY EDUCATION
SIBLINGS
SIGNIFICANT IMPACT
SPEAKING
SPORTS
TEACHER
TEACHER SALARIES
TEACHERS
TEACHING
TEACHING MATERIALS
TERTIARY EDUCATION
UNIVERSITY EDUCATION
URBAN AREAS
VOCATIONAL TRAINING
WORKERS
WORKING HOURS
Schady, Norbert R.
Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men
geographic_facet East Asia and Pacific
Philippines
relation Policy Research Working Paper;No. 2566
description Much attention has been paid to the issue of possible nonlinearities in the relationship between log wages and schooling in the literature on both the United States and developing countries. The author uses data from a recent household survey for the Philippines, the 1998 Annual Poverty Indicator Survey, to test the fit of the log-linear specification for Filipino men. He presents results based on various estimation strategies, including spline regressions and semi-parametric regressions with a large number of dummy variables for years of schooling and experience. He concludes that: 1) There appear to be large differences between rates of return to education across different levels in the Philippines. The wage premia for both primary and secondary education are significantly smaller than those for tertiary education. 2) Within each level - primary, secondary, and university - the last year of schooling is disproportionately rewarded in higher wages. That is, there appear to be clear sheepskin effects associated with graduation.
format Publications & Research :: Policy Research Working Paper
author Schady, Norbert R.
author_facet Schady, Norbert R.
author_sort Schady, Norbert R.
title Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men
title_short Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men
title_full Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men
title_fullStr Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men
title_full_unstemmed Convexity and Sheepskin Effects in the Human Capital Earnings Function : Recent Evidence for Filipino Men
title_sort convexity and sheepskin effects in the human capital earnings function : recent evidence for filipino men
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2001/03/1047467/convexity-sheepskin-effects-human-capital-earnings-function-recent-evidence-filipino-men
http://hdl.handle.net/10986/19688
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