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Title: A Note on School Size and Wages
Resulting in 1 citation.
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Ewing, Bradley T. |
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A Note on School Size and Wages Atlantic Economic Journal 23,3 (September 1995): 236. Also: http://www.springerlink.com/content/a12875xp2j25ph07/ Cohort(s): NLSY79 Publisher: International Atlantic Economic Society Keyword(s): Armed Forces Qualifications Test (AFQT); Education Indicators; Human Capital; School Quality; Schooling; Wages Permission to reprint the abstract has not been received from the publisher. Much has been written on whether it is school quality or quantity that really matters in determining wages. The traditional human capital wage equation controls for the quantity of education (i.e., years of schooling) and generally ignores quality of education. The idea that quality might matter is not new. Hanushek JEL, 1986 reports that standard measures of school quality have no effect on wages of men in the National Longitudinal Survey of Youth (NLSY, including faculty-to-student ratio, teacher salaries, expenditures, and so forth). However, some have successfully argued that school quality is at least as important as quantity by incorporating scores on the Armed Forces Qualification Test (AFQT) in the wage model as a proxy for quality Maxwell, ILR, 1994; O'Neill, JEP, 1990!. This note considers one factor overlooked: what is the effect of high school size on wages controlling for quantity and quality? The hypothesis is that students at large schools must deal with a more diverse set of circumstances and that for a given quality and quantity level, they will fare better in the labor market than students from smaller schools. Having been exposed to more people and potentially more diverse cultures and situations, these students are better equipped to deal with the myriad of work-related situations, such as working in teams and in a culturally diverse environment that they will inevitably encounter. |
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Bibliography Citation
Ewing, Bradley T. "A Note on School Size and Wages." Atlantic Economic Journal 23,3 (September 1995): 236.
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