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Sheepskin effects in the returns to education

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  • Mary Silles

Abstract

This article, using a data set for the United Kingdom, re-examines the sheepskin hypothesis at the secondary school level using test scores and public examinations for men and women who left school at the minimum school leaving age. Net of learning outcomes, there are no additional returns to the possession of formal credential at the secondary school level. The finding refutes the sheepskin effect hypothesis.

Suggested Citation

  • Mary Silles, 2007. "Sheepskin effects in the returns to education," Applied Economics Letters, Taylor & Francis Journals, vol. 15(3), pages 217-219.
    • Handle: RePEc:taf:apeclt:v:15:y:2007:i:3:p:217-219
    DOI: 10.1080/13504850600706099
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    References listed on IDEAS

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    1. Hungerford, Thomas & Solon, Gary, 1987. "Sheepskin Effects in the Returns to Education," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 175-177, February.
    2. Belman, Dale & Heywood, John S, 1991. "Sheepskin Effects in the Returns to Education: An Examination on Women and Minorities," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 720-724, November.
    3. Jaeger, David A & Page, Marianne E, 1996. "Degrees Matter: New Evidence on Sheepskin Effects in the Returns to Education," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 733-740, November.
    4. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
    5. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 355-374.
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    Cited by:

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    2. Natasha Bilkic & Thomas Gries & Margarethe Pilichowski, 2009. "Stay at school or start working? - Optimal timing of leaving school under uncertainty and irreversibility," Working Papers CIE 10, Paderborn University, CIE Center for International Economics.
    3. Bilkic, N. & Gries, T. & Pilichowski, M., 2012. "Stay in school or start working? — The human capital investment decision under uncertainty and irreversibility," Labour Economics, Elsevier, vol. 19(5), pages 706-717.
    4. NAKABAYASHI, Masaki, 2011. "Acquired Skills and Learned Abilities: Wage Dynamics of Blue-collar Workers in Internal Labor Markets," ISS Discussion Paper Series (series F) f153, Institute of Social Science, The University of Tokyo, revised Apr 2012.
    5. Liu, Sze Yan & Buka, Stephen L. & Kubzansky, Laura D. & Kawachi, Ichiro & Gilman, Stephen E. & Loucks, Eric B., 2013. "Sheepskin effects of education in the 10-year Framingham risk of coronary heart disease," Social Science & Medicine, Elsevier, vol. 80(C), pages 31-36.

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