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Query: faculty: "FEB" and publication year: "1994"

AuthorsH. Oosterbeek, W.J.N. Groot
TitleEarnings effects of different components of schooling: Human capital versus screening.
JournalReview of Economics and Statistics
Volume76
Year1994
Issue2
Pages317-321
ISSN0034-6535
FacultyFaculty of Economics and Business
Institute/dept.FEB: Research Institute in Economics and Econometrics Amsterdam (RESAM)
KeywordsWages; Schooling
AbstractIn this paper, the authors divide actual years of schooling into effective years, repeated years, skipped years, inefficient routing years, and dropout years. Estimation of earnings functions reveals that this topology is statistically superior to the usual concepts of either actual or effective years of schooling. Based on the authors' distinction, they formulate tests that discriminate between the human capital theory and the screening hypothesis. The results give strong support to the human capital theory and refute the screening hypothesis.
Document typeArticle
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