IDEAS home Printed from https://ideas.repec.org/a/spr/frecch/v4y2009i1p46-61.html
   My bibliography  Save this article

An empirical study on educational investment for all levels of higher education in China

Author

Listed:
  • Juan Yang

    ()

  • David Mayston

Abstract

With the expanding of higher education in China from 1999, more and more youngsters are able to invest in higher education, resulting a high unemployment rate for higher education graduates and more and more graduates employed in non-graduate position, while the analysis upon risk and return to each level of high education is absent due to the limitation of dataset. The paper employs college students sample survey to research the determinants of all levels of higher education beginning wages, the probability to find an appropriate job in order to conclude the risks and returns to each level of higher education based on the wages growth rate and economic development. The research finds the return to master degree is the highest, but the risk is the lowest in China.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Juan Yang & David Mayston, 2009. "An empirical study on educational investment for all levels of higher education in China," Frontiers of Economics in China, Springer;Higher Education Press, vol. 4(1), pages 46-61, March.
  • Handle: RePEc:spr:frecch:v:4:y:2009:i:1:p:46-61 DOI: 10.1007/s11459-009-0003-6
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11459-009-0003-6
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Duncan, Greg J. & Hoffman, Saul D., 1981. "The incidence and wage effects of overeducation," Economics of Education Review, Elsevier, vol. 1(1), pages 75-86, February.
    2. Richard R. Verdugo & Naomi Turner Verdugo, 1989. "The Impact of Surplus Schooling on Earnings: Some Additional Findings," Journal of Human Resources, University of Wisconsin Press, vol. 24(4), pages 629-643.
    3. L. Wade, 1988. "Review," Public Choice, Springer, vol. 58(1), pages 99-100, July.
    4. P. J. Sloane & H. Battu & P. T. Seaman, 1999. "Overeducation, undereducation and the British labour market," Applied Economics, Taylor & Francis Journals, vol. 31(11), pages 1437-1453.
    5. Frenette, Marc, 2004. "The overqualified Canadian graduate: the role of the academic program in the incidence, persistence, and economic returns to overqualification," Economics of Education Review, Elsevier, vol. 23(1), pages 29-45, February.
    6. D Mayston & J Yang, 2008. "A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China," Discussion Papers 08/25, Department of Economics, University of York.
    7. Hartog, Joop & Oosterbeek, Hessel, 1988. "Education, allocation and earnings in the Netherlands: 0verschooling?," Economics of Education Review, Elsevier, vol. 7(2), pages 185-194, April.
    8. Hartog, Joop, 1986. "Allocation and the Earnings Function," Empirical Economics, Springer, vol. 11(2), pages 97-110.
    9. Sicherman, Nachum, 1991. ""Overeducation" in the Labor Market," Journal of Labor Economics, University of Chicago Press, vol. 9(2), pages 101-122, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    higher education; risk return; overeducation; I21; J24; 高等教育; 风险回报; 过度教育;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:frecch:v:4:y:2009:i:1:p:46-61. See general 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: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.