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Title: Schooling as a Wage Depressant
Resulting in 1 citation.
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Lazear, Edward |
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Schooling as a Wage Depressant Journal of Human Resources 12,2 (Spring 1977): 164-176. Also: http://www.jstor.org/stable/145383 Cohort(s): Young Men Publisher: University of Wisconsin Press Keyword(s): College Graduates; Dropouts; Educational Returns; Part-Time Work; Schooling; Wages Other things constant, students' measured wage rates are only about 85 percent those of nonstudents. This finding is consistent with a hypothesis that suggests that students receive an equalizing difference in the form of more flexible or easier jobs at the price of lower pecuniary earnings. Another finding of this study is that students who work only during the summer are less likely than others to accept lower-paying jobs. Furthermore, 92 percent of students who work change jobs upon graduation, and returns to school-leaving are linked to the switch. Finally, the results cannot be explained by student-glutted labor markets. |
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Bibliography Citation
Lazear, Edward. "Schooling as a Wage Depressant." Journal of Human Resources 12,2 (Spring 1977): 164-176.
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