Lei Zhang

Antai College of Economics and Management
Shanghai Jiao Tong University
1954 Huashan Road
Shanghai, 200030
P. R. China

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: Shanghai Jiao Tong University

NBER Working Papers and Publications

June 2019Employer Learning and the Dynamics of Returns to Universities: Evidence from Chinese Elite Education during University Expansion
with Sylvie Démurger, Eric A. Hanushek: w25955
This paper estimates the return to an elite university education over a college graduate’s career in contemporary China. We find a substantial premium for graduating from an elite Chinese university at the job entry that declines quickly in early career before starting to recover subsequently. This pattern is entirely driven by the post-expansion cohorts who entered college after the higher education expansion that started in 1999. It is more pronounced in coastal provinces and in economically more developed regions, where individual skills are highly rewarded in the labor market. Both male and female elite college graduates experience the same dynamic pattern of the elite premium, but individual skills are much more rewarded over the entire career for females than males. The results are c...
October 2011General Education, Vocational Education, and Labor-Market Outcomes over the Life-Cycle
with Eric A. Hanushek, Ludger Woessmann: w17504
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test our main hypothesis that any relative labor-market advantage of vocational education decreases with age, we employ a difference-in-differences approach that compares employment rates across different ages for people with general and vocational education. Using micro data for 18 countries from the International Adult Literacy Survey, we find strong support for the existence of such a trade-off, which is most pronounced in countries emphasizing apprenticeship programs. Results are robust to accoun...

Published: Eric A. Hanushek & Guido Schwerdt & Ludger Woessmann & Lei Zhang, 2017. "General Education, Vocational Education, and Labor-Market Outcomes over the Lifecycle," Journal of Human Resources, University of Wisconsin Press, vol. 52(1), pages 48-87. citation courtesy of

November 2006Quality-Consistent Estimates of International Returns to Skill
with Eric A. Hanushek: w12664
Returns to education are traditionally estimated in a Mincer wage equation from the variation in schooling for a cross-section of individuals of different ages. Because individuals receive education at different time periods, when the quality of their education may not be identical, this method leads to an over- or under-estimation of the return to education of a given quality depending on how education quality evolves over time. This quality issue interacts with ability bias from self-selection into schooling and is particularly problematic when comparing returns across different countries. Using microdata from the International Adult Literacy Survey, we construct quality adjusted measures of schooling attained at different time periods and use these along with international literacy tes...

Published: Hanushek, Eric and Lei Zhang. “Quality-consistent estimates of international schooling and skill gradients." Journal of Human Capital 3, 2 (2009): 107-143.

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