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The Demand for Higher Education and a Test of the Extreme Screening Hypothesis

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  • Hung-Lin Tao

Abstract

This study proposes a model to estimate the demand for higher education. The present model is characterized by an ability-based distribution of high school graduates who choose between entering the labor market and beginning post-secondary schooling. In addition to estimating the demand for higher education, this model also derives a test of the extreme screening hypothesis. Moreover, it provides estimates of human capital accumulation functions for both males and females.

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  • Hung-Lin Tao, 2006. "The Demand for Higher Education and a Test of the Extreme Screening Hypothesis," Education Economics, Taylor & Francis Journals, vol. 14(1), pages 75-88.
    • Handle: RePEc:taf:edecon:v:14:y:2006:i:1:p:75-88
    DOI: 10.1080/09645290500481899
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    References listed on IDEAS

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    1. King, Jonathan, 1993. "The demand for higher education in Puerto Rico," Economics of Education Review, Elsevier, vol. 12(3), pages 257-265, September.
    2. James J. Heckman & Thomas E. Macurdy, 1980. "A Life Cycle Model of Female Labour Supply," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 47-74.
    3. MaCurdy, Thomas E, 1981. "An Empirical Model of Labor Supply in a Life-Cycle Setting," Journal of Political Economy, University of Chicago Press, vol. 89(6), pages 1059-1085, December.
    4. Shaw, Kathryn L, 1989. "Life-Cycle Labor Supply with Human Capital Accumulation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(2), pages 431-456, May.
    5. Tao, Hung-Lin & Stinson, Thomas F., 1997. "An Alternative Measure of Human Capital Stock," Bulletins 7466, University of Minnesota, Economic Development Center.
    6. Stephen A. Hoenack & William C. Weiler, 1975. "Cost-Related Tuition Policies and University Enrollments," Journal of Human Resources, University of Wisconsin Press, vol. 10(3), pages 332-360.
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    Cited by:

    1. Carlos Vieira & Isabel Vieira, 2009. "Student based funding in higher education systems with declining and uncertain enrolments: the Portuguese case," CEFAGE-UE Working Papers 2009_02, University of Evora, CEFAGE-UE (Portugal).

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