Resource title

Sheepskin Effects in Japan

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Resource description

Using data for the 1990 ?s,this paper examines the role of sheepskin effects in the returns to education for Japan.Our estimation results indicate that sheepskin effects explain about 50%of the total returns to schooling.We further find that sheepskin effect are only important for workers in small firms with the size of these effects being similar to comparable estimates for the US.Finally,the estimated sheepskin effects are decreasing with firm tenure,in particular for small firms.These results could be explained by the particular recruitment system of large firms in Japan, which makes university diploma as a screening device unimportant for large firms.

Resource author

Thomas K. Bauer, Patrick J. Dross, John P. Haisken-DeNew

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18556

Resource license

Adapt according to the presented license agreement and reference the original author.