ASTRONOMICS IN ACTION: THE GRADUATE EARNINGS PREMIUM AND THE DRAGON EFFECT IN SINGAPORE.

This paper investigates the return to university education in Singapore using a new estimation strategy related to Chinese traditions where children born in the Year of the Dragon are believed to be superior. Because parents might time the arrival of their offspring on a Dragon year, this causes the...

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Publicado en:Economic Inquiry Vol. 53; no. 2; pp. 922 - 940
Autor principal: Sim, Nicholas
Formato: Artículo
Publicado: Wiley-Blackwell Apr2015
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: ASTRONOMICS IN ACTION: THE GRADUATE EARNINGS PREMIUM AND THE DRAGON EFFECT IN SINGAPORE.
      aug:
        au: Sim, Nicholas
        affil: Senior Lecturer of Economics, School of Economic, University of Adelaide, Adelaide SA 5005, Australia
      su:
        China
        Singapore
        Higher education
        Education
        Manners & customs
        Effect of education on wages
        Chinese calendar
      sug:
        subj:
          Higher education
          Education
          Manners & customs
          China
          Singapore
          All Other Miscellaneous Schools and Instruction
          Educational Support Services
          Administration of Education Programs
          Effect of education on wages
          Chinese calendar
      ab: This paper investigates the return to university education in Singapore using a new estimation strategy related to Chinese traditions where children born in the Year of the Dragon are believed to be superior. Because parents might time the arrival of their offspring on a Dragon year, this causes the Dragon cohort to be larger and university entry to be more competitive. First, we find evidence of a negative 'Dragon effect' on university educational attainment. Then, using it as an estimation strategy, we find that university education has a ceteris paribus effect of raising earnings by at least 50% on average. ( JEL I21, C26, J30)
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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