Earnings Expectation and Graduate Employment: Evidence from Recent Chinese College Graduates

Autor/in	Po, Yang
Titel	Earnings Expectation and Graduate Employment: Evidence from Recent Chinese College Graduates
Quelle	In: Frontiers of Education in China, 6 (2011) 4, S.549-570 (22 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1673-341X
DOI	10.1007/s11516-011-0145-z
Schlagwörter	Wages; Job Search Methods; Labor Market; College Graduates; Occupational Surveys; Probability; Postsecondary Education; Employment Potential; Education Work Relationship; Expectation; Salary Wage Differentials; Graduate Surveys; China + Suchen Sie Ihr Suchwort? Wage; Löhne; Arbeitsplatzsuchtheorie; Labour market; Arbeitsmarkt; Hochschulabsolvent; Hochschulabsolventin; Berufsanalyse; Wahrscheinlichkeitsrechnung; Wahrscheinlichkeitstheorie; Post-secondary education; Tertiäre Bildung; Arbeitsmarktbezogene Qualifikation; Beschäftigungsfähigkeit; Expectancy; Erwartung
Abstract	Chinese college graduates have faced increasing labor market competition since the expansion of tertiary education. Given rigid market demand, graduates with realistic earnings expectations may experience a more efficient job search. Using the 2008 MYCOS College Graduate Employment Survey, this study finds that a 1000 yuan reduction in a graduate's reservation wage can significantly increase the probability of finding a job by 66% and increase the likelihood of being employed six months after graduation by 92%. In addition, the gap between the reservation wage and the market wage has a positive impact. By slightly adjusting earnings expectations, college graduates can significantly improve job search efficiency. Market wages should be seen as reference points when adjusting income expectations. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10