Human Capital versus Signaling Models: University Access and High School Dropouts

Human Capital versus Signaling Models: University Access and High School Dropouts
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人力资本与信号模型:大学入学和高中辍学

DOI:
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发表时间:
2001
影响因子:
8.2
通讯作者:
Kelly Bedard
Kelly Bedard
中科院分区:
经济学1区
文献类型:
--
作者:
Kelly Bedard

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根据教育分类假设,与有更多机会进入大学的环境相比,一些人被限制进入大学的环境的特点是高中毕业水平的汇集增加。这是因为一些潜在的高中辍学者和大学入学者选择高中毕业生的称号,以利用那些被限制进入大学的高能力个人。这与人力资本理论形成鲜明对比,后者预测大学入学率较高,但在大学入学率较高的地区,高中辍学率相同。我测试矛盾的高中辍学预测的人力资本和信号模型使用NLSYM和NLSYW教育数据从20世纪60年代末和70年代初。我发现,包含大学的劳动力市场有更高的高中辍学率。这一结果与信号模型一致,与纯人力资本模型不一致。
Under the educational sorting hypothesis, an environment in which some individuals are constrained from entering university will be characterized by increased pooling at the high school graduation level, as compared to an environment with greater university access. This results because some potential high school dropouts and university enrollees choose the high school graduate designation in order to take advantage of high‐ability individuals who are constrained from entering university. This is in stark contrast to human capital theory, which predicts higher university enrollment but identical high school dropout rates in regions with greater university access. I test the contradictory high school dropout predictions of the human capital and signaling models using NLSYM and NLSYW education data from the late 1960s and early 1970s. I find that labor markets that contain universities have higher high school dropout rates. This result is consistent with a signaling model and inconsistent with a pure human capital model.