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The changing worth of a university e...

Wu, Kin Bing.

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The changing worth of a university education: A case study of Hong Kong during a period of rapid economic and social change, 1976 to 1986.

Record Type:	Electronic resources : Monograph/item
Title/Author:	The changing worth of a university education: A case study of Hong Kong during a period of rapid economic and social change, 1976 to 1986./
Author:	Wu, Kin Bing.
Description:	225 p.
Notes:	Source: Dissertation Abstracts International, Volume: 56-11, Section: A, page: 4295.
Contained By:	Dissertation Abstracts International56-11A.
Subject:	Education, Higher. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9608288

The changing worth of a university education: A case study of Hong Kong during a period of rapid economic and social change, 1976 to 1986.
Wu, Kin Bing.

The changing worth of a university education: A case study of Hong Kong during a period of rapid economic and social change, 1976 to 1986. - 225 p.

Source: Dissertation Abstracts International, Volume: 56-11, Section: A, page: 4295.

Thesis (Ed.D.)--Harvard University, 1995.

This study examined education and earnings in Hong Kong during a period of rapid expansion both of the economy and of the percentage of university graduates among labor market entrants. Implications of these expansions were explored by analyzing census data from 1976 and 1986 to address two questions: (1) What were the wage differentials between male, full-time, secondary school and university educated employees aged 25 and 34 in 1976 and in 1986, and how did the wage differentials change over time? (2) How much of the difference in the wage gap between secondary school and university educated employees (or the "university premium") between 1976 and 1986 was due to redistribution of workers between occupations, and how much was due to changes in relative wages within occupations?Subjects--Topical Terms:

543175
Education, Higher.

The changing worth of a university education: A case study of Hong Kong during a period of rapid economic and social change, 1976 to 1986.
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035 $a (UnM)AAI9608288
035 $a AAI9608288
040 $a UnM $c UnM
100 1 $a Wu, Kin Bing. $3 1900693
245 1 4 $a The changing worth of a university education: A case study of Hong Kong during a period of rapid economic and social change, 1976 to 1986.
300 $a 225 p.
500 $a Source: Dissertation Abstracts International, Volume: 56-11, Section: A, page: 4295.
500 $a Adviser: Richard Murnane.
502 $a Thesis (Ed.D.)--Harvard University, 1995.
520 $a This study examined education and earnings in Hong Kong during a period of rapid expansion both of the economy and of the percentage of university graduates among labor market entrants. Implications of these expansions were explored by analyzing census data from 1976 and 1986 to address two questions: (1) What were the wage differentials between male, full-time, secondary school and university educated employees aged 25 and 34 in 1976 and in 1986, and how did the wage differentials change over time? (2) How much of the difference in the wage gap between secondary school and university educated employees (or the "university premium") between 1976 and 1986 was due to redistribution of workers between occupations, and how much was due to changes in relative wages within occupations?
520 $a Regression analyses found that the university premium increased despite a 55 percent increase in the proportion of young, male, full-time workers who were university educated. The benefits of a university education, however, differed by occupation, place of birth (native-born, immigrants from China, and expatriates), and public sector employment. University educated workers in professional and managerial occupations, expatriates, and civil servants enjoyed higher wages than their counterparts. Higher education's payoffs were found to lie principally in its interaction with job experience: wage growth was more rapid for university educated workers than others.
520 $a A shift-share decomposition analysis found an overall increase in the university premium between 1976 and 1986 by 2.5 percent (that is, 0.0253 loge point). The increase in the university premium at labor market entry due to redistribution of university educated workers between occupations (0.0850) was offset by the decline in the university premium due to changes in relative wages within occupations ( $- $0 .0855). This resulted in an overall small decline in the initial university premium ( $- $0 .0005) attributable to occupation. Place of birth ( $- $0 .0209), public sector employment ( $- $0 .0023), and unmeasured variables (captured by the difference in the intercepts) ( $- $0 .1812) also contributed to narrowing of the initial university premium. However, a large increase in the university premium attributable to experience (0.2304) more than offset the decline at labor market entry, leading to a net increase in the premium. This suggested a rising demand for experienced, highly educated workers in a fast growing economy.
590 $a School code: 0084.
650 4 $a Education, Higher. $3 543175
650 4 $a Economics, Labor. $3 1019135
650 4 $a Sociology, Demography. $3 1020257
690 $a 0745
690 $a 0510
690 $a 0938
710 2 0 $a Harvard University. $3 528741
773 0 $t Dissertation Abstracts International $g 56-11A.
790 1 0 $a Murnane, Richard, $e advisor
790 $a 0084
791 $a Ed.D.
792 $a 1995
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9608288