How Long to Read The Long-term Labour Market Premiums Associated with a Terminal High School Diploma

By Marc Frenette

How Long Does it Take to Read The Long-term Labour Market Premiums Associated with a Terminal High School Diploma?

It takes the average reader and 25 minutes to read The Long-term Labour Market Premiums Associated with a Terminal High School Diploma by Marc Frenette

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper examines the long-term labour market premiums associated with a high school diploma. The focus is on the value of the qualification (the signaling effect), but the premiums associated with the number of years of schooling required to obtain the qualification (the human-capital effect) are also estimated. The labour market outcomes of individuals born in the mid-1960s are measured from their mid-20s to their mid-40s with longitudinal administrative data from the Longitudinal Worker File (LWF) that are linked to the 1991 Census of Population. Two groups are considered: terminal high school graduates (those who had obtained a high school diploma but had not acquired any postsecondary education by the 1991 Census) and individuals without a high school diploma (those who had no high school diploma, were not enrolled in high school, and had no postsecondary education at the time of the 1991 Census). The findings suggest that, after accounting for differences in the number of years of completed schooling and demographic characteristics, a high school diploma is associated with $83,000 to $123,000 in additional earnings for men and with $70,000 to $107,000 in additional earnings for women over the 20-year reference period. Men and women with a terminal high school diploma are covered by an employer-sponsored pension plan for about one additional year over the period. Furthermore, a high school diploma is associated with one to two additional years of employment for women. Finally, there is little evidence that a terminal high school diploma is associated with union membership or exposure to layoffs. The study also finds an important human-capital effect to staying in school. The average student with no high school diploma has 1.8 fewer years of schooling than does the average terminal high school graduate. The estimated value of completing those additional 1.8 years of schooling (without receiving the diploma) is about equivalent to obtaining the diploma itself.

How long is The Long-term Labour Market Premiums Associated with a Terminal High School Diploma?

The Long-term Labour Market Premiums Associated with a Terminal High School Diploma by Marc Frenette is 25 pages long, and a total of 6,375 words.

This makes it 8% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read The Long-term Labour Market Premiums Associated with a Terminal High School Diploma Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read The Long-term Labour Market Premiums Associated with a Terminal High School Diploma aloud.

What Reading Level is The Long-term Labour Market Premiums Associated with a Terminal High School Diploma?

The Long-term Labour Market Premiums Associated with a Terminal High School Diploma is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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