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    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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    Citable URI
    http://hdl.handle.net/11540/4284
    Metadata
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    Author
    Mehta, Aashish
    Felipe, Jesus
    Quising, Pilipinas
    Camingue, Shiela
    Theme
    Development
    Education
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise