APRESENTADOR:
Dr. Marcio Firmo
(Professor adjunto da Faculdade de Ciências Econômicas (FCE) da Universidade do Estado do Rio de Janeiro (UERJ))

DATA: 07/10/2024
HORA:16H40
SALA: 203

ABSTRACT: Does schooling create new skills or does it just provide signals of individuals’ underlying abilities? We provide new, innovative evidence on this important question in the context of adult education in Brazil. In 2018, police in Rio de Janeiro abruptly shut down eleven high schools, showing evidence that these schools sold diplomas without providing any training whatsoever. These schools thus provided signals but not human capital. We match student records to historical employment records. We find that initially the return to high school degrees is similar regardless of whether students earned legitimate or fake diplomas. Average returns are sizeable for both. However, within a couple of years, the fake diplomas start losing their value. Employment rates drop to pre-treatment levels, and wage premiums erode. By contrast, true diplomas enjoy larger and stable employment rates and rising wages. Overall, the results provide strong evidence that, at least in the short-run, the signaling model seems to explain labor market outcomes, but that the saliency of the signal erodes quickly.

INFORMAÇÕES GERAIS.
Os seminários ocorrerão às segundas-feiras de 16:40-18h na sala 203. A sala tem que ser liberada até 18:15, pois à noite ela é utilizada pelo curso noturno.

Os alunos de mestrado e doutorado em tempo integral têm que obter uma frequência mínima de 75% nos seminários e os demais uma frequência mínima de 50%.
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