TY  - JOUR 
TI  - On the Size of Sheepskin Effects: A Meta-Analysis
PB  - Kiel Institute for the World Economy
PY  - 2015
issn 1864-6042
AB  - The degree equation was first developed by Hungerford and Solon in 1987 and is
usually known as the “sheepskin effect equation”. Under the sheepskin hypothesis
workers are rewarded not only for the productive-enhancing contribution of
schooling, but also for obtaining the diploma that comes with completing a
particular level of schooling. In consequence, wages will rise faster with extra
years of schooling when the extra years also convey a diploma. Using crosssectional
data, Hungerford and Solon (1987) found that there is a return for each
year of education and an additional significant return on the years during which a
diploma or degree is earned. Since then many studies have been carried out to test
the hypothesis and measure the sheepskin effect. For our review most of this
research was completed in Brazil (29.51%), the United States (24.59%), and
Colombia (10.66%).
KW  - Economía
KW  - Econometría
KW  - Economics
KW  - Econometrics models
KW  - Política educativa
KW  - Regresión
KW  - Países en desarrollo
KW  - Niveles de formación
UR  - http://hdl.handle.net/10906/81416
ER  -