Author(s): Xiaowen Zhu | Zhiwen Zhu
Journal: International Journal of Modern Education and Computer Science
ISSN 2075-0161
Volume: 3;
Issue: 2;
Start page: 15;
Date: 2011;
Original page
Keywords: Human Capital Hypothesis | Screening Hypothesis | Wiles test | job match | newly-upgraded colleges
ABSTRACT
Using graduates from the newly-upgraded colleges as a sample, we used the Wiles test on the Human Capital Hypothesis vs. the Screening Hypothesis of education economics. The results were in favor of the former, i.e., higher education was more likely a production means than just a signal in the job market. Thus the newly-upgraded colleges should adjust their curriculum and faculty structure to accommodate the skill demands in job markets.
Journal: International Journal of Modern Education and Computer Science
ISSN 2075-0161
Volume: 3;
Issue: 2;
Start page: 15;
Date: 2011;
Original page
Keywords: Human Capital Hypothesis | Screening Hypothesis | Wiles test | job match | newly-upgraded colleges
ABSTRACT
Using graduates from the newly-upgraded colleges as a sample, we used the Wiles test on the Human Capital Hypothesis vs. the Screening Hypothesis of education economics. The results were in favor of the former, i.e., higher education was more likely a production means than just a signal in the job market. Thus the newly-upgraded colleges should adjust their curriculum and faculty structure to accommodate the skill demands in job markets.
