Do Schools Form Human Capital? Distributional Divide and Cohort-Based Analysis in Japan

Saito, Keiji

doi:10.2139/ssrn.782688

Abstract

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Do Schools Form Human Capital? Distributional Divide and Cohort-Based Analysis in Japan

Keiji Saito

University of Tokyo

August 2005

Abstract:
This paper presents empirical wage analyses in Japan on the basis of the framework of Saito (2005). Data arranged by cohorts enable analyses on the effect of the educational advancement rate with regard to the wage ratio. Empirical results in Japan suggest that a statistical trick causes most of the wage ratio changes. Further, the real effects of higher education on wages range from slightly negative to insignificant.

Number of Pages in PDF File: 23

Keywords: Wage ratio, Cohort, Human capital, Japan

JEL Classification: D31, J24, J31

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Date posted: August 18, 2005

Suggested Citation

Saito, Keiji, Do Schools Form Human Capital? Distributional Divide and Cohort-Based Analysis in Japan (August 2005). Available at SSRN: http://ssrn.com/abstract=782688 or http://dx.doi.org/10.2139/ssrn.782688

Contact Information

Keiji Saito (Contact Author)

University of Tokyo ( email )

Hongo 7-3-1
Bunkyo-ku
Tokyo 113-0033
Japan