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篇目详细内容

【篇名】 Earnings Expectation and Graduate Employment: Evidence from Recent Chinese College Graduates
【刊名】 Frontiers of Education in China
【刊名缩写】 Front. Educ. China
【ISSN】 1673-341X
【EISSN】 1673-3533
【DOI】 10.1007/s11516-011-0145-z
【出版社】 Higher Education Press and Springer-Verlag
【出版年】 2011
【卷期】 6 卷4期
【页码】 549-570 页,共 22 页
【作者】 YANG Po;
【关键词】 reservation wage; graduate employment; earnings expectation

【摘要】
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 1 000 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.
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