Do the Recent Labor Market Changes Negatively Affect Schooling?

作     者：Yang Du 

作者机构：Institute of Population and Labor EconomicsChinese Academy of Social Sciences 

出 版 物：《China & World Economy》 (中国与世界经济（英文版）)

年 卷 期：2013年第21卷第2期

页      面：38-55页

核心收录：

学科分类：120202[管理学-企业管理（含：财务管理、市场营销、人力资源管理）] 12[管理学] 02[经济学] 0202[经济学-应用经济学] 0401[教育学-教育学] 04[教育学] 020207[经济学-劳动经济学] 1202[管理学-工商管理] 0201[经济学-理论经济学] 020106[经济学-人口、资源与环境经济学] 

基　　金：financial support from the Asian Development Bank the China National Science Foundation(Grant No.71173234) the Chinese Academy of Social Sciences 

主　　题：human capital labor market changes schooling decision 

摘      要：The Chinese labor market has transitioned from a dual labor market to a neoclassical labor market. With wages increasing for skilled workers, the impact on schooling must be considered by policy-makers. Taking advantage of national representative data for 2005 and 2010, the present paper examines the hypothesis that increasing opportunity costs reduce children＇s schooling. The empirical result is of particular relevance to poor areas, where people tend to have high discount rates and place more value on real time income. Although the total public investment in education has been increasing, our findings suggest that targeting relevant regions and compensating opportunity costs will improve the efficiency of education investments.