Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/113985
Autoren: 
Schwerdt, Guido
Woessmann, Ludger
Datum: 
2015
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 9122
Zusammenfassung: 
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where students from states with and without central exams work on the same labor market. Our difference-in-difference model estimates whether the earnings difference between individuals with high and low grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in high-school grades is indeed 6 percent when obtained on central exams but less than 2 percent when obtained on local exams. Choices of higher-education programs and of occupations do not appear major channels of this result.
Schlagwörter: 
central exit exams
labor-market sorting
earnings
measurement error
difference-in-difference
Germany
JEL: 
I20
J24
J31
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
330.37 kB





Publikationen in EconStor sind urheberrechtlich geschützt.