This dissertation examines the impact of state educational programs on the economics of education and labor, focusing on the New York State (NYS) STEM Incentive Program and China's tuition-free policy for vocational secondary education (VSE). The first two Chapters analyze the effects of the NYS STEM Incentive Program, an initiative implemented in…

Chinese college graduates have faced increasing labor market competition since the expansion of tertiary education. Given rigid market demand, graduates with realistic earnings expectations may experience a more efficient job search. Using the 2008 MYCOS College Graduate Employment Survey, this study finds that a 1000 yuan reduction in a…

This paper assesses the impact of the mismatch between a college major and job on college graduates' early career earnings using a sample from China. On average, a major-job mismatched college graduate is found to suffer from an income loss that is much lower than the penalty documented in previous studies. The income losses are also found to be…

In the last two decades, we have witnessed a rapid expansion of higher education in Mainland China and Taiwan, recording a significant increase in higher education enrolments in these two Chinese societies. The massification of higher education in China and Taiwan has inevitably resulted in an oversupply of university graduates, with growing…

We report evidence that university reputation affects wages of bachelors in China. An unconditional difference between a top-100 university and a top 400-500 university of 23% is increased to some 28% by adding controls. Within the top-100 there is no differentiation in pay-off. Self-rated quality of high school, while affecting quality of…

The paper estimates the returns to overeducation by the Over-Required and Undereducation (ORU) model. The estimated results indicate that the returns to overeducation are positive, but lower than the returns to required education, which suggests that while overeducated employees' earnings are diminished, they still can benefit from it. The paper…

Investigates education and earnings for 3,709 residents of rural China. Education was significantly related to earnings; an additional year of schooling raised residents' earnings by 4.8 yuan monthly. The earnings effect was stronger for males and in economically advanced areas. Average private rate of return to education was 4.8%. Contains 26…

Uses data from China's market-oriented rural industrial sector to test education's effects on wage determination after 10 years of economic reform. Although education has influenced wage determination differently for various groups in diverse institutional and technological settings, this difference reflects a labor-productivity effect. This trend…

Technology provides a new and effective tool for accelerating economic growth, and developing countries are embracing technology and education as the means toward attaining economic parity with the United States and other developed nations. Evidence suggests that this strategy is paying off. Developing countries are building a technology…

This book examines the political and economic consequences of the United States' growing reliance on the market and the effects that this growing reliance is having on U.S. workers and their families. The following are among the topics discussed in the book's 10 chapters: (1) consequences of the turn to the market (disinvestment, imbalance between…