This note compares the wage premium of honours degrees in two different Italian university systems (old and new) in 2011 using data from the Italian National Institute of Statistics. The wage premium of a honours degree in the new system disappears due to honours inflation and hence the signal of potential higher productivity stopped working. In contrast, for graduates under the old system, the signal statistically significantly affects wages.
Honours as a signal - evidence from a quasi-natural experiment in Italy
Marina Toepfer
2018-01-01
Abstract
This note compares the wage premium of honours degrees in two different Italian university systems (old and new) in 2011 using data from the Italian National Institute of Statistics. The wage premium of a honours degree in the new system disappears due to honours inflation and hence the signal of potential higher productivity stopped working. In contrast, for graduates under the old system, the signal statistically significantly affects wages.File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
