Diploma as signal? Estimating sheepskin effects in the Philippines

• Main Author: Olfindo, Rosechin
• Format: text
• Published: Archīum Ateneo 2018
• Subjects: Sheepskin effects; Returns to education; Higher education; Secondary education; Diploma effects; Developing country; Philippines; Education Policy
• Online Access: https://archium.ateneo.edu/asog-pubs/74; https://www.sciencedirect.com/science/article/pii/S0738059316304539?via%3Dihub#!
• Institution: Ateneo De Manila University

The screening theory of education argues that education does not necessarily enhance worker’s productivity, but serves only as a signal of worker’s pre-existing ability. Empirical studies found that the mere possession of a diploma increases wages disproportionately than without it, or the so-called...