Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/92885
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Type: Journal article
Title: Astronomics in action: the graduate earnings premium and the dragon effect in Singapore
Author: Sim, N.
Citation: Economic Inquiry, 2015; 53(2):922-939
Publisher: Western Economic Association International
Issue Date: 2015
ISSN: 0095-2583
1465-7295
Statement of
Responsibility: 
Nicholas Sim
Abstract: This paper investigates the return to university education in Singapore using a new estimation strategy related to Chinese traditions where children born in the Year of the Dragon are believed to be superior. Because parents might time the arrival of their offspring on a Dragon year, this causes the Dragon cohort to be larger and university entry to be more competitive. First, we find evidence of a negative “Dragon effect” on university educational attainment. Then, using it as an estimation strategy, we find that university education has a ceteris paribus effect of raising earnings by at least 50% on average. (JEL I21, C26, J30)
Rights: © 2014 Western Economic Association International
DOI: 10.1111/ecin.12154
Published version: http://dx.doi.org/10.1111/ecin.12154
Appears in Collections:Aurora harvest 7
Economics publications

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