Investment of time in internship and in-school learning or study are two ways to accumulate human capital for college students. The authors take I&S input as two impacting factors for graduates' starting salaries to construct an I&S input allocation model minimizing "psychological cost." The model inference indicates that the…

This study examines the trends in the Mincerian rates of return (MRRs) to education in urban China between 1989 and 2009 using two sources of data: the China Urban Household Survey and the China Health and Nutrition Survey, and attempts to explain the underlying causes of the trends. The authors find that while the rates of return to education had…

In order to test two competitive theories, human capital theory and screening hypothesis, this article investigates the effects of minor, class rank and matched job on the starting wages of graduates using data sources from a nation-wide survey of university graduates in China undertaken in 2003 by the Graduate School of Education, Peking…