Sheepskin Effects in Japan

Thomas Bauer (), Patrick J. Dross and John P. Haisken-DeNew
Authors registered in the RePEc Author Service: John P. de New

No 5, RWI Discussion Papers from RWI - Leibniz-Institut für Wirtschaftsforschung

Abstract: 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.

Keywords: Returns to Education; Sheepskin Effects; Japan (search for similar items in EconPapers)
JEL-codes: I21 J24 J31 (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://www.econstor.eu/bitstream/10419/18556/1/DP_03_005.pdf (application/pdf)

Related works:
Working Paper: Sheepskin Effects in Japan (2002)
Working Paper: Sheepskin Effects in Japan (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:rwidps:5

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