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Human Capital Hypothesis, Screening Hypothesis, Wiles test, job match, newly-upgraded colleges
Using graduates from the newly-upgraded colleges as a sample, we used the Wiles test on the Human Capital Hypothesis vs. the Screening Hypothesis of education economics. The results were in favor of the former, i.e., higher education was more likely a production means than just a signal in the job market. Thus the newly-upgraded colleges should adjust their curriculum and faculty structure to accommodate the skill demands in job markets.
Xiaowen Zhu, Zhiwen Zhu, "An Application of the Wiles Test in the Formulation of Education Strategy for the Newly-Upgraded Colleges of China", International Journal of Modern Education and Computer Science(IJMECS), vol.3, no.2, pp.15-21, 2011. DOI:10.5815/ijmecs.2011.02.03
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