Education and the Signalling Hypothesis Evidence from a Highly Competitive Labor Market

Xiangdong WEI; John HEYWOOD

Education and the Signalling Hypothesis Evidence from a Highly Competitive Labor Market

Xiangdong WEI, John HEYWOOD

Department of Economics

Research output: Other Conference Contributions › Conference Paper (other) › Research

Abstract

This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed suggesting that in the highly competitive labor market of Hong Kong, education plays an important signaling role. Support for this role is strengthened by accounting for self-employed professionals who signal and accounting self-selection into employment status.

Original language	English
Publication status	Published - 16 Dec 2000
Event	The 1st Biennial Conference of the Hong Kong Economic Association: The Asian Pacific Economies in the New Millenium - City University of Hong Kong, Hong Kong, Hong Kong Duration: 14 Dec 2000 → 16 Dec 2000 http://www.hkea.org.hk/index.php/events/biennial-conference/9-events/19-1st-conf

Conference

Conference	The 1st Biennial Conference of the Hong Kong Economic Association
Country/Territory	Hong Kong
City	Hong Kong
Period	14/12/00 → 16/12/00
Other	The Hong Kong Economic Association
Internet address	http://www.hkea.org.hk/index.php/events/biennial-conference/9-events/19-1st-conf

Cite this

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title = "Education and the Signalling Hypothesis Evidence from a Highly Competitive Labor Market",

abstract = "This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed suggesting that in the highly competitive labor market of Hong Kong, education plays an important signaling role. Support for this role is strengthened by accounting for self-employed professionals who signal and accounting self-selection into employment status. ",

author = "Xiangdong WEI and John HEYWOOD",

year = "2000",

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day = "16",

language = "English",

note = "The 1st Biennial Conference of the Hong Kong Economic Association : The Asian Pacific Economies in the New Millenium ; Conference date: 14-12-2000 Through 16-12-2000",

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AU - WEI, Xiangdong

AU - HEYWOOD, John

PY - 2000/12/16

Y1 - 2000/12/16

N2 - This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed suggesting that in the highly competitive labor market of Hong Kong, education plays an important signaling role. Support for this role is strengthened by accounting for self-employed professionals who signal and accounting self-selection into employment status.

AB - This paper directly tests for differences in returns to education between the employed and self-employed in Hong Kong. Using a step-function, we find significantly smaller returns for the self-employed suggesting that in the highly competitive labor market of Hong Kong, education plays an important signaling role. Support for this role is strengthened by accounting for self-employed professionals who signal and accounting self-selection into employment status.

M3 - Conference Paper (other)

T2 - The 1st Biennial Conference of the Hong Kong Economic Association

Y2 - 14 December 2000 through 16 December 2000

ER -

Education and the Signalling Hypothesis Evidence from a Highly Competitive Labor Market

Abstract

Conference

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