The Nonequivalence of High School Equivalents
AbstractThis paper analyzes the causes and consequences of the growing proportion of high-school-certified persons who achieve that status by exam certification rather than through high school graduation. Exam-certified high school equivalents are statistically indistinguishable from high school dropouts. Both dropouts and exam-certified equivalents have comparably poor wages, earnings, hours of work, unemployment experiences and job tenure. This is so whether or not ability measures are used to control for differences. Whatever differences are found among exam-certified equivalents, high school dropouts and high school graduates are accounted for by their years of schooling completed. There is no cheap substitute for schooling. The only payoff to exam certification arises from its value in opening post-secondary schooling and training opportunities. However, exam-certified equivalents receive lower returns to most forms of post-secondary education and training. We also discuss the political economy of the recent rapid growth of exam certification. There has been growth in direct government subsidies to adult basic education programs that feature exam certification as an output. In addition, there has been growth in government subsidies to post-secondary schooling programs that require certification in order to qualify for benefits. These sources account for the rapid growth in the use of exam certification in the face of the low economic returns to it.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3804.
Date of creation: Aug 1991
Date of revision:
Publication status: published as Journal of Labor Economics, Vol. 11, no. 1 (January 1993): 1-47.
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Web page: http://www.nber.org
More information through EDIRC
Other versions of this item:
- Cameron, Stephen V & Heckman, James J, 1993. "The Nonequivalence of High School Equivalents," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 11(1), pages 1-47, January.
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.:
- Katz, L.F. & Krueger, A.B., 1991.
"Chances In The Structure Of Wages In The Public And Private Sectors,"
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
1547, Harvard - Institute of Economic Research.
- Lawrence Katz & Alan Krueger, 1991. "Changes in the Structure of Wages in the Public and Private Sectors," Working Papers, Princeton University, Department of Economics, Industrial Relations Section. 662, Princeton University, Department of Economics, Industrial Relations Section..
- Lawrence F. Katz & Alan B. Krueger, 1991. "Changes in the Structure of Wages in the Public and Private Sectors," NBER Working Papers 3667, National Bureau of Economic Research, Inc.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.