What lies behind the devaluation of educational credentials?

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Ortiz Gervasi, Luis. What lies behind the devaluation of educational credentials?. 2012
To cite or link this document: http://hdl.handle.net/10230/17133
dc.contributor.author Ortiz Gervasi, Luis
dc.contributor.other Rodríguez, Jorge (Rodríguez Menés)
dc.date.accessioned 2012-10-11T01:51:06Z
dc.date.available 2012-10-11T01:51:06Z
dc.date.issued 2012-10
dc.identifier.uri http://hdl.handle.net/10230/17133
dc.description.abstract Applying fixed-effects models to EULFS data on Spain from 1998 to2006, the paper explores the effects of educational expansion on theoccupational returns to education across different levels of education.We build an indicator of the positional value of education, based on theidea that the value of a given educational credential partly depends onthe percentage of labour market entrants who have reached that level atthe time when individuals enter the labour market -- it is higher whenfewer individuals have reached it, lower otherwise. Our analysis for theSpanish case shows that the decrease in the occupational returns toeducation goes in parallel with the decrease in the positional value ofeducation, but this devaluation of credentials has been stronger ingeneral education (e.g., in humanities or social sciences universitydegrees, or in upper secondary general education) than in specializededucation (e.g., in technical fields in the university, or in uppervocational training). We argue that the reason for this is most likely thatgeneral education provides a more diffuse signal of candidates’ skillsthan specialized education. We also find that this devaluation ofcredentials has been stronger in fields accessed by women in largernumbers in last decades.
dc.language.iso eng
dc.relation.ispartofseries DemoSoc working paper; 49
dc.rights Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/2.5/es/
dc.subject.other Educació -- Espanya
dc.subject.other Mercat de treball -- Efecte de l'educació sobre el
dc.subject.other Sociologia de l'educació -- Espanya
dc.subject.other 3 - Ciències socials
dc.title What lies behind the devaluation of educational credentials?
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2012-10-10T09:45:45Z

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