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  • P-ISSN 2586-2995
  • E-ISSN 2586-4130
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KDI Journal of Economic Policy. Vol. 40, No. 4, November 2018, pp. 65-80

https://doi.org/10.23895/kdijep.2018.40.4.65

× KDI Open Access is a program of fully open access journals to facilitate the widest possible dissemination of high-quality research. All research articles published in KDI JEP are immediately, permanently and freely available online for everyone to read, download and share in terms of the Creative Commons Attribution 4.0 International License.

Higher Education, Productivity Revelation and Performance-pay Jobs†

JISUN BAEK; WOORAM PARK

Author & Article History

Manuscript received 17 April 2018; revision received 20 April 2018; accepted 11 September 2018.

Abstract

This paper examines the differences between the subsequent careers of high school and college graduate workers based on a direct role of college graduation with regard to the revelation of workers’ individual abilities. Using NLSY79, we document a positive relationship between off-the-job training/performance-pay jobs and ability for high school graduates at the early stages of their careers. However, this relationship is less prominent for college graduates. Moreover, we show that high ability is associated with more jobs, which reflects higher job mobility, only for high school graduates. We argue that these patterns are the result of productivity-revealing behavior of high school graduates, whose individual abilities, unlike college graduates, is not observed precisely at the beginning of their careers.

Keywords

Productivity Revealing, Off-the-job Training, NLSY79, Performance-pay Jobs, Job Mobility, College Education

JEL Code

I20, J24

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