Earning differentials between high school, vocational education, and college graduates among working adults in Valenzuela City, Philippines
The opportunity cost to pursue a higher education or to start working can be a challenging choice for individuals because the possible economic gains and costs must be weighed. This paper aims to examine whether or not there is a wage differential between types of education while considering the age...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2013
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/11560 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | The opportunity cost to pursue a higher education or to start working can be a challenging choice for individuals because the possible economic gains and costs must be weighed. This paper aims to examine whether or not there is a wage differential between types of education while considering the age and gender of an individual. Data gathered from the Community-Based Monitoring System will be subject to different series of regressions. Wage across different age cohorts, gender, education type will be subject to a difference-in-difference approach followed by series of robustness checks to validate our assumption. Ordinary Least Square regression and Multinomial Logit regression will be used to garner the results for this study. We hypothesized that at a certain age, college education graduates will have a higher wage than the high school and the vocational educational graduates, thus showing the wage differential of these educational systems. |
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