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Title: Who Receives the College Wage Premium? Assessing the Labor Market Returns to Degrees and College Transfer Patterns
Resulting in 1 citation.
1. Light, Audrey L.
Strayer, Wayne Earle
Who Receives the College Wage Premium? Assessing the Labor Market Returns to Degrees and College Transfer Patterns
Journal of Human Resources 39,3 (Summer 2004): 746-774.
Also: http://www.jstor.org/stable/3558995
Cohort(s): NLSY79
Publisher: University of Wisconsin Press
Keyword(s): College Education; Colleges; Educational Attainment; Heterogeneity; Modeling; Wage Determination; Wage Models; Wage Theory

Using data from the 1979 National Longitudinal Survey of Youth, we estimate wage models in which college-educated workers are classified according to their degree attainment, college type, and college transfer status. The detailed taxonomy produces modest improvements in explanatory power relative to standard specifications, and reveals considerable heterogeneity in the predicted wages of college-educated workers. We find that transfer students receive an "indirect" wage benefit insofar as changing colleges allows them to earn a degree. Some transfer students receive an additional "direct" wage benefit, presumably because switching schools increases their skill investment opportunities. [ABSTRACT FROM AUTHOR]
Bibliography Citation
Light, Audrey L. and Wayne Earle Strayer. "Who Receives the College Wage Premium? Assessing the Labor Market Returns to Degrees and College Transfer Patterns." Journal of Human Resources 39,3 (Summer 2004): 746-774.