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An Application of the Wiles Test in the Formulation of Education Strategy for the Newly-Upgraded Colleges of China

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

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.

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