Sheepskin effects in the returns to education: accounting for enrolment and completion effects

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Permanent URL for this page: http://hdl.voced.edu.au/10707/5253.

Author: Herault, Nicolas; Zakirova, Rezida

Corporate author:

University of Melbourne. Melbourne Institute of Applied Economic and Social Research (MIAESR)

Abstract:

This paper contributes to the literature by separately analysing the signalling (or sheepskin) effects of the enrolment in and the completion of vocational education and training [VET] as well as higher education [HE]. Moreover, we investigate the persistence of these sheepskin effects over time. We take advantage of the Longitudinal Surveys of Australian Youth [LSAY], which contain comprehensive information about completed and uncompleted courses and subsequent labour market outcomes. We find that signalling effects form a substantial part of the total return to education but that they...  [+] Show more

Subjects: Vocational education and training; Higher education; Participation; Outcomes; Statistics; Labour market

Keywords: Completion; Longitudinal data; Outcomes of education and training; Return on education and training

Geographic subjects: Australia; Oceania

Published: Melbourne, Victoria: MIAESR, 2011

Physical description: 20 p.

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ISBN: 9780734042354

ISSN: 1328-4991 (print), 1447-5863 (online)

Resource type: Working paper

Document number: TD/TNC 103.86

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