Publikation:

The information value of central school exams

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Datum

2017

Autor:innen

Woessmann, Ludger

Herausgeber:innen

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URI (zitierfähiger Link)
http://nbn-resolving.de/urn:nbn:de:bsz:352-2-1q3h3utgfdnxv0
DOI (zitierfähiger Link)
https://doi.org/10.1016/j.econedurev.2016.11.005
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oops

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Open Access-Veröffentlichung
Open Access Green

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Wirtschaftswissenschaften: Publikationen
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Titel in einer weiteren Sprache

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Zeitschriftenartikel
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Published

Erschienen in

Economics of Education Review. 2017, 56, pp. 65-79. ISSN 0272-7757. eISSN 1873-7382. Available under: doi: 10.1016/j.econedurev.2016.11.005

Zusammenfassung

The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where students from states with and without central exams work on the same labor market. Our difference-in-difference model estimates whether the earnings difference between individuals with high and low grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in high-school grades is indeed 6% when obtained on central exams but less than 2% when obtained on local exams. Choices of higher-education programs and of occupations do not appear major channels of this result.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

Schlagwörter

Central exit exams; Labor-market sorting; Earnings; Measurement error; Difference-in-difference; Germany

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ISO 690SCHWERDT, Guido, Ludger WOESSMANN, 2017. The information value of central school exams. In: Economics of Education Review. 2017, 56, pp. 65-79. ISSN 0272-7757. eISSN 1873-7382. Available under: doi: 10.1016/j.econedurev.2016.11.005
BibTex
@article{Schwerdt2017infor-32803,
  year={2017},
  doi={10.1016/j.econedurev.2016.11.005},
  title={The information value of central school exams},
  volume={56},
  issn={0272-7757},
  journal={Economics of Education Review},
  pages={65--79},
  author={Schwerdt, Guido and Woessmann, Ludger}
}
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