Employability and Wage Compensation in an Asian Economy: Evidence for Female College Graduates in Taiwan |
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| Authors: | Shih-Yung Chiu Hwei-Lin Chuang |
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| Institution: | 1. Center for Learning Assessment Service (CLASS), National Tsing Hua University, Hsinchu, Taiwan;2. Department of Economics, National Tsing Hua University, Hsinchu, Taiwan |
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| Abstract: | The purpose of this study is to analyze the influence of employability skills on wage compensation for female college graduates in Taiwan. We find that employability skills can explain some variation in wage compensation whether we include conventional human capital variables or not. For example, the career management skills category exhibits a consistent and significant influence on wage compensation and could raise the earnings level by 5–6 percent. In addition, employability skills have more diverse effects on wage compensation across various occupations, while conventional human capital variables are shown to have more consistent effects on wage compensation across occupations. |
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| Keywords: | employability female college graduates wage compensation |
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