Demand and supply effects and returns to college education. Evidence from a natural experiment with engineers in Denmark.

Autor/inn/en	Qvist, Hans-Peter Y.; Holm, Anders; Munk, Martin D.
Titel	Demand and supply effects and returns to college education. Evidence from a natural experiment with engineers in Denmark. Gefälligkeitsübersetzung: Nachfrage- und Angebotseffekte und Erträge der Hochschulbildung. Erkenntnisse aus einem natürlichen Experiment mit Ingenieuren in Dänemark.
Quelle	In: The Scandinavian journal of economics, 123 (2021) 2, S. 676-704 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0347-0520; 1467-9442
DOI	10.1111/sjoe.12400
Schlagwörter	Bauingenieur; Chemiker; Dänemark; Ingenieur; Elektroingenieur; Hochschulbildung; Bildungsertrag; Bildungsertrag; Einkommenseffekt; Arbeitskräfteangebot; Bauingenieur; Chemiker; Elektroingenieur; Ingenieur; Hochschulbildung; Dänemark
Abstract	"The demand and supply model predicts that a larger relative net supply of a particular educational group will negatively affect its relative earnings. To test this, we use the opening Aalborg University as a natural experiment because it created a shock to the supply of electrical and construction engineers in Denmark in the 1980s. The results show that when the supply of electrical and construction engineers peaked, their wages dropped relative to a comparison group of chemical engineers, which Aalborg University did not supply at the time. Hence, we conclude that even earnings of engineers who are in high demand are susceptible to supply effects." (Author's abstract, Published by arrangement with John Wiley & Sons).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2020/1