beyond traditional academic degrees labor market returns occupational credentials united
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Title:
Beyond Traditional Academic Degrees: The Labor Market Returns to Occupational Credentials in the United States
Description:
This working paper provides causal estimates of the overall employment and wage returns to the two most common types of occupational credentials: licenses and certifications. One key finding is that having a credential increased employment, primarily among women. The results from this study suggest a potential role of occupational credentials as an alternative path to marketable human capital and a signal of skills in the absence of a bachelor's degree.