Postsecondary education as triage: Returns to academic and technical programs
AbstractThis paper examines the labor market outcomes of individuals with various types of postsecondary educational experiences. In particular, it examines differences between students who have pursued technical education programs from those who have pursued academic programs and from those individuals who have not pursued any type of postsecondary education. Empirical evidence is presented concerning the relationship between economic outcomes and grades earned and the degree to which the labor market rewards credentials. Wage and earnings models yield different structural parameter estimates when based on the three different populations. The differences are most dramatic for high school background effects and for postsecondary characteristics. The empirical results from the technique used to correct for self-selection suggest that individuals' choices into the three postsecondary tracks are not the result of absolute advantage.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics of Education Review.
Volume (Year): 12 (1993)
Issue (Month): 3 (September)
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Web page: http://www.elsevier.com/locate/econedurev
Other versions of this item:
- Kevin Hollenbeck, 1992. "Postsecondary Education as Triage: Returns to Academic and Technical Programs," Upjohn Working Papers and Journal Articles 92-10, W.E. Upjohn Institute for Employment Research.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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