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Title: An Empirical Study of New High School and College Graduates' Wages Using Alternative Labor Market Models
Resulting in 1 citation.
1. Baktari, Paul
Grasso, John T.
An Empirical Study of New High School and College Graduates' Wages Using Alternative Labor Market Models
Review of Higher Education 8,3 (Spring 1985): 193-220.
Also: http://www.eric.ed.gov/ERICWebPortal/search/detailmini.jsp?_nfpb=true&_&ERICExtSearch_SearchValue_0=EJ321160&ERICExtSearch_SearchType_0=no&accno=EJ321160
Cohort(s): Young Men
Publisher: Johns Hopkins University Press
Keyword(s): College Education; Demography; Educational Returns; Job Productivity; Labor Market Outcomes; Wages

This study employs data on white males from the National Longitudinal Surveys (Young Men) for 1966 through 1976. Alternative models are used to explore changes in the returns to college education. Predictions of both neoclassical theory and a job competition, or labor market queue, model were moderately supported by the data, as wages of new graduates appeared to be sensitive to: (1) the number of similarly educated young workers; and (2) the relative position of the educational group in the labor market hiring queue. Implications of the demographic effects on returns, in addition to the effect of the demand for labor and the effect of productivity on labor, are discussed.
Bibliography Citation
Baktari, Paul and John T. Grasso. "An Empirical Study of New High School and College Graduates' Wages Using Alternative Labor Market Models." Review of Higher Education 8,3 (Spring 1985): 193-220.