- Title
- Returns to Education in Taiwan: A Cross-Sectional and Cohort Analysis
- Author(s)
- Jessica L. Baraka Jessica Baraka (Princeton University)
- Abstract
- The last two decades have seen a rapid increase in the average educational attainment of the population of Taiwan. This paper examines the effects of that educational expansion on Taiwan's wage structure. I examine not only changes in the cross-sectional return to education, but the experiences of synthetic birth cohorts. I find that in younger cohorts, those with university degrees have seen a decline in their earnings premium. I then look to see whether this decline can be explained by the increase in supply of better-educated workers, rather than by a combination of supply and demand factors. I conclude that under certain reasonable assumptions, changes in the earnings structure in Taiwan may be attributed to changes in the relative size of education-level groups.
- Creation Date
- 1999-07
- Section URL ID
- RPDS
- Paper Number
- baraka_education_taiwan.pdf
- URL
- https://rpds.princeton.edu/sites/rpds/files/media/baraka_education_taiwan.pdf
- File Function
- Jel
- I26
- Keyword(s)
- Taiwan
- Suppress
- false
- Series
- 5