Where have All the Educated Workers Gone? Services and Wage Inequality in Three Asian Economies
Mehta, Aashish; Felipe, Jesus; Quising, Pilipinas; Camingue, Shiela | April 2013
Abstract
The wage returns to college have risen relative to those to secondary education in many developing economies. In India, the Philippines and Thailand, this is related to the expansion of services employment. We show this using decompositions connecting shifts in the returns to education to changing job opportunities. High-skill services employment grew slowly while relative demand in the sector shifted from secondary to college graduates, pushing workers with secondary education into low-skill intensive services. These polarizing trends in services employment account for the growing convexity of the Mincerian wage profile, and may constrain governments seeking to use educational expansion to alter the wage distribution.
Citation
Mehta, Aashish; Felipe, Jesus; Quising, Pilipinas; Camingue, Shiela. 2013. Where have All the Educated Workers Gone? Services and Wage Inequality in Three Asian Economies. © Wiley. http://hdl.handle.net/11540/4284.Keywords
Global Development Learning Network
Globalization And Development
International Development Strategy
Policy Development
Human Capital Development
Human Development
Human Resources Development
Skills Development
Management Development
Vocational Education
Curriculum development
Educational aid
Economic development
Industrial projects
Career development
Vocational education
Industrialization
Vocational training
Technological institutes
Job searching
Labor market
Work experience programs
Business planning
Human rights and globalization
Occupational training
Technological innovation
Labor and globalization
Manpower policy
Labor policy
Rural manpower policy
Career academies
Professional education
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