By the same authors

A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China: Department of Economics & Related Studies Discussion Paper Series

Research output: Working paper › Discussion paper

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A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China : Department of Economics & Related Studies Discussion Paper Series. / Mayston, D.; Yang, J.

York : The University of York, 2008.

Research output: Working paper › Discussion paper

Harvard

Mayston, D & Yang, J 2008 'A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China: Department of Economics & Related Studies Discussion Paper Series' The University of York, York. <http://ideas.repec.org/p/yor/yorken/08-25.html>

APA

Mayston, D., & Yang, J. (2008). A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China: Department of Economics & Related Studies Discussion Paper Series. The University of York. http://ideas.repec.org/p/yor/yorken/08-25.html

Vancouver

Mayston D, Yang J. A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China: Department of Economics & Related Studies Discussion Paper Series. York: The University of York. 2008.

Author

Mayston, D. ; Yang, J. / A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China : Department of Economics & Related Studies Discussion Paper Series. York : The University of York, 2008.

Bibtex - Download

@techreport{8160d74cc2cc49429bf1c31a3b8d1812,
title = "A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China: Department of Economics & Related Studies Discussion Paper Series",
abstract = "Against the background of the recent rate of expansion of China's higher education system that has outstripped even China's own high rate of economic growth, the paper examines evidence of the emerging problem of graduate overeducation within China. Based upon a pecking-order model of employment offers and associated ordered probit model, it analyses the empirical factors which determine the incidence of graduate overeducation across China. The extent to which individual students have an incentive to become overeducated compared to a socially optimal level of their education is also examined in the context of a supporting economic model that compares individual and socially optimal levels of investment in education, in the face of labour market demands. The extent of the divergence between individual and socially optimal levels of investment in education, and of the associated levels of graduate overeducation, is found to depend upon how recent major increases in the supply of graduates within China will interact with the future growth rates in job specifications, in demand variables and in resultant graduate wages within China.",
author = "D. Mayston and J. Yang",
year = "2008",
language = "English",
volume = "8/25",
publisher = "The University of York",
type = "WorkingPaper",
institution = "The University of York",

}

RIS (suitable for import to EndNote) - Download

TY - UNPB

T1 - A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China

T2 - Department of Economics & Related Studies Discussion Paper Series

AU - Mayston, D.

AU - Yang, J.

PY - 2008

Y1 - 2008

N2 - Against the background of the recent rate of expansion of China's higher education system that has outstripped even China's own high rate of economic growth, the paper examines evidence of the emerging problem of graduate overeducation within China. Based upon a pecking-order model of employment offers and associated ordered probit model, it analyses the empirical factors which determine the incidence of graduate overeducation across China. The extent to which individual students have an incentive to become overeducated compared to a socially optimal level of their education is also examined in the context of a supporting economic model that compares individual and socially optimal levels of investment in education, in the face of labour market demands. The extent of the divergence between individual and socially optimal levels of investment in education, and of the associated levels of graduate overeducation, is found to depend upon how recent major increases in the supply of graduates within China will interact with the future growth rates in job specifications, in demand variables and in resultant graduate wages within China.

AB - Against the background of the recent rate of expansion of China's higher education system that has outstripped even China's own high rate of economic growth, the paper examines evidence of the emerging problem of graduate overeducation within China. Based upon a pecking-order model of employment offers and associated ordered probit model, it analyses the empirical factors which determine the incidence of graduate overeducation across China. The extent to which individual students have an incentive to become overeducated compared to a socially optimal level of their education is also examined in the context of a supporting economic model that compares individual and socially optimal levels of investment in education, in the face of labour market demands. The extent of the divergence between individual and socially optimal levels of investment in education, and of the associated levels of graduate overeducation, is found to depend upon how recent major increases in the supply of graduates within China will interact with the future growth rates in job specifications, in demand variables and in resultant graduate wages within China.

M3 - Discussion paper

VL - 8/25

BT - A Pecking Order Analysis of Graduate Overeducation and Educational Investment in China

PB - The University of York

CY - York

ER -

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