IDEAS home Printed from https://ideas.repec.org/a/taf/edecon/v13y2005i4p449-477.html

The Role of Education in Selection and Allocation in the Labour Market: An Empirical Study in the Medical Field

Author

Listed:
  • Judith Semeijn
  • Rolf van der Velden
  • Hans Heijke
  • Cees van der Vleuten
  • Henny Boshuizen

Abstract

In this study, we explore the role of education in explaining the labour market outcomes for a sample of graduates in medicine. More specifically, the following research question is answered: To what extent are labour market outcomes of physicians explained by the skills acquired in education, as indicated in the theory of human capital, or by competences already present at the start of education, as suggested by the screening theory? The study uses separate measurements of competence at the start and at the end of education. Moreover, we use a direct measurement of competence development during medical education. This enables us to disentangle the effects of the suggested mechanisms. The results suggest that after graduation human capital factors do not explain subsequent differences in labour market outcomes. The medical degree seems a sufficient signal of screening device as such. However, selection processes during education take place on human capital acquired before and during medical education.

Suggested Citation

  • Judith Semeijn & Rolf van der Velden & Hans Heijke & Cees van der Vleuten & Henny Boshuizen, 2005. "The Role of Education in Selection and Allocation in the Labour Market: An Empirical Study in the Medical Field," Education Economics, Taylor & Francis Journals, vol. 13(4), pages 449-477.
    • Handle: RePEc:taf:edecon:v:13:y:2005:i:4:p:449-477
    DOI: 10.1080/09645290500252084
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/10.1080/09645290500252084
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09645290500252084?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Andrew Weiss, 1995. "Human Capital vs. Signalling Explanations of Wages," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 133-154, Fall.
    2. Gerard J. van den Berg & Anders Holm & Jan C. van Ours, 2002. "Do stepping-stone jobs exist? Early career paths in the medical profession," Journal of Population Economics, Springer;European Society for Population Economics, vol. 15(4), pages 647-665.
    3. Cawley, John & Heckman, James & Vytlacil, Edward, 2001. "Three observations on wages and measured cognitive ability," Labour Economics, Elsevier, vol. 8(4), pages 419-442, September.
    4. Borghans, L. & Ramaekers, G.W.M., 1993. "De doorstroom van Limburgse basisartsen naar medische beroepsopleidingen," ROA Working Paper 001, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    5. Quinn, Robert & Price, Jamie, 1998. "The demand for medical education: an augmented human capital approach," Economics of Education Review, Elsevier, vol. 17(3), pages 337-347, June.
    6. James Thornton, 2000. "Physician choice of medical specialty: do economic incentives matter?," Applied Economics, Taylor & Francis Journals, vol. 32(11), pages 1419-1428.
    7. Gjerberg, Elisabeth, 2002. "Gender similarities in doctors' preferences -- and gender differences in final specialisation," Social Science & Medicine, Elsevier, vol. 54(4), pages 591-605, February.
    8. Manuchehr Irandoust & Niklas Karlsson, 2002. "Impact of Preferences, Curriculum, and Learning Strategies on Academic Success," Education Economics, Taylor & Francis Journals, vol. 10(1), pages 41-48.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Doyle Jr., Joseph J. & Ewer, Steven M. & Wagner, Todd H., 2010. "Returns to physician human capital: Evidence from patients randomized to physician teams," Journal of Health Economics, Elsevier, vol. 29(6), pages 866-882, December.
    2. Joseph J. Doyle, Jr. & Steven M. Ewer & Todd H. Wagner, 2008. "Returns to Physician Human Capital: Analyzing Patients Randomized to Physician Teams," NBER Working Papers 14174, National Bureau of Economic Research, Inc.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Judith Semeijn & Rolf van der Velden & Hans Heijke & Cees van der Vleuten & Henny Boshuizen, 2005. "The Role of Education in Selection and Allocation in the Labour Market: An Empirical Study in the Medical Field," Education Economics, Taylor & Francis Journals, vol. 13(4), pages 449-477.
    2. Eliasson, Kent, 2006. "The Role of Ability in Estimating the Returns to College Choice: New Swedish Evidence," Umeå Economic Studies 691, Umeå University, Department of Economics.
    3. Chalmers, J. & Kalb, G., 2000. "Are Casual Jobs a Freeway to Permanent Employment?," Monash Econometrics and Business Statistics Working Papers 8/00, Monash University, Department of Econometrics and Business Statistics.
    4. Héctor Manuel Zárate S., 2005. "Cambios en la estructura salarial: una historia desde la regresión cuanfílica," Monetaria, CEMLA, vol. 0(4), pages 339-364, octubre-d.
    5. Sebastian Stolorz, 2005. "A Test of the Signalling Hypothesis - Evidence from Natural Experiment," Labor and Demography 0512008, University Library of Munich, Germany.
    6. Elena Casquel & Antoni Cunyat, "undated". "The Welfare Cost of Business Cycles in an Economy with Nonclearing Markets," Working Papers 2005-19, FEDEA.
    7. Raaum,O. & Aabo,T.E., 1999. "The effect of schooling on earnings : the role of family background studied by a large sample of Norwegian twins," Memorandum 16/1999, Oslo University, Department of Economics.
    8. Dawson Chris & Veliziotis Michail & Hopkins Benjamin, 2014. "Assimilation of the migrant work ethic," Working Papers 20141407, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    9. Jing Wang & Gen Li & Kai-Lung Hui, 2022. "Monetary Incentives and Knowledge Spillover: Evidence from a Natural Experiment," Management Science, INFORMS, vol. 68(5), pages 3549-3572, May.
    10. Mark Wooden, 2013. "The Measurement of Cognitive Ability in Wave 12 of the HILDA Survey," Melbourne Institute Working Paper Series wp2013n44, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    11. Theodore Koutmeridis, 2013. "The Market for "Rough Diamonds": Information, Finance and Wage Inequality," CDMA Working Paper Series 201307, Centre for Dynamic Macroeconomic Analysis, revised 14 Oct 2013.
    12. Mussida Chiara & Sciulli Dario, 2015. "Flexibility Policies and Re-employment Probabilities in Italy," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 15(2), pages 621-651, April.
    13. Esteban M. Aucejo & Jonathan James, 2019. "Catching up to girls: Understanding the gender imbalance in educational attainment within race," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(4), pages 502-525, June.
    14. Maria K. Humlum & Kristin J. Kleinjans & Helena S. Nielsen, 2012. "An Economic Analysis Of Identity And Career Choice," Economic Inquiry, Western Economic Association International, vol. 50(1), pages 39-61, January.
    15. Galindo-Rueda, Fernando & Vignoles, Anna, 2002. "Class Ridden or Meritocratic? An Economic Analysis of Recent Changes in Britain," IZA Discussion Papers 677, IZA Network @ LISER.
    16. Ellyson, Alice M. & Robertson, Justin C., 2019. "Can malpractice pressure compel a physician to relocate?," International Review of Law and Economics, Elsevier, vol. 57(C), pages 37-48.
    17. Eleanor Brown & Rosanna Smart, 2007. "Racial Differences in Civic Participation and Charitable Giving: The Confounding Effects of Educational Attainment and Unmeasured Ability," The Review of Black Political Economy, Springer;National Economic Association, vol. 34(3), pages 259-271, December.
    18. Gustavo Yamada & Pablo Lavado & Ana Paula Franco & Emilia Abusada, 2016. "First impressions matter for life: the contribution of skills for the firt job," Working Papers 16-13, Centro de Investigación, Universidad del Pacífico.
    19. Jim Bessen, 1997. "Productivity Adjustments and Learning-by-Doing as Human Capital," Working Papers 97-17, Center for Economic Studies, U.S. Census Bureau.
    20. Bauer, Thomas K. & Haisken-DeNew, John P., 2001. "Employer learning and the returns to schooling," Labour Economics, Elsevier, vol. 8(2), pages 161-180, May.

    More about this item

    Keywords

    ;
    ;
    ;

    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:taf:edecon:v:13:y:2005:i:4:p:449-477. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CEDE20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.