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Kawaguchi, Daiji; Ma, Wenjie – Economics of Education Review, 2008
The strong correlation between having graduated from a selective college and success in the labor market has been robustly observed in many countries. There are two major explanations for this finding. One claims that graduating from a selective college assures success in the labor market in a causal sense due to better education, a better alumni…
Descriptors: Family Characteristics, Labor Market, College Graduates, Foreign Countries