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Decline in the Educational Premium: Is this a Universal Trend?

Sat, August 11, 2:30 to 4:10pm, Philadelphia Marriott Downtown, Floor: Level 5, Salon G

Abstract

In most societies it is taken for granted that there is a benefit for individuals in achieving a higher level of education (e.g., Blau and Duncan 1967,Kondo 1997,Hara and Seiyama 1999,Hirasawa 2011, etc.). Yet, the amount of such benefit varies in each society. We have examined in the Japanese data closely in terms of the link between a person’s the educational level and occupational attainment over the years. We have found that the benefit of education in terms of occupation has been decreasing. We tried to investigate why. In this paper we will present our analyses using several analytical approaches.

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