This study is the first to report on sheepskin effects in the tourism industry, that is, on the earnings returns to educational degrees net of the returns to accumulated years of schooling. The results show statistically and economically significant sheepskin effects, with the returns to educational degrees clearly exceeding the returns to years of schooling for both male and female employees Both human capital and sorting explanations of this observation are discussed.
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Univ Brighton, Brighton Sch Business & Law, Brighton, E Sussex, EnglandUniv Brighton, Brighton Sch Business & Law, Brighton, E Sussex, England
Gofran, Ruhana Zareen
Liasidou, Sotiroula
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Cyprus Sch Technol, Fac Econ & Management, Dept Hotel & Tourism Management, Limassol, CyprusUniv Brighton, Brighton Sch Business & Law, Brighton, E Sussex, England
Liasidou, Sotiroula
Gregoriou, Andros
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Univ Brighton, Brighton Sch Business & Law, Brighton, E Sussex, EnglandUniv Brighton, Brighton Sch Business & Law, Brighton, E Sussex, England
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Karolinska Inst, Res Inst Ind Econ & RWI, Stockholm, SwedenKarolinska Inst, Res Inst Ind Econ & RWI, Stockholm, Sweden
Fischer, Martin
Heckley, Gawain
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Lund Univ, Hlth Econ Unit, Lund, SwedenKarolinska Inst, Res Inst Ind Econ & RWI, Stockholm, Sweden
Heckley, Gawain
Karlsson, Martin
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Univ Duisburg Essen, CINCH, Essen, GermanyKarolinska Inst, Res Inst Ind Econ & RWI, Stockholm, Sweden
Karlsson, Martin
Nilsson, Therese
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Lund Univ, Dept Econ, Lund, Sweden
Lund Univ, CED, Lund, Sweden
Res Inst Ind Econ, Stockholm, SwedenKarolinska Inst, Res Inst Ind Econ & RWI, Stockholm, Sweden