Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20481 
Year of Publication: 
2003
Series/Report no.: 
IZA Discussion Papers No. 725
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Previous empirical specifications are not flexible enough to capture the true pattern of sheepskin effects over time. If the quality of the match between the worker and the job contributes to earnings and if higher ability workers more easily reveal their true productivity, sheepskin effects will follow a concave pattern over time. Using the NLSY and measures of actual experience, a variety of specifications (including median regressions) confirm this pattern.
Subjects: 
returns to education
sheepskin effects
JEL: 
I21
J31
I20
Document Type: 
Working Paper

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