Article Per Year (5 Year)
p-Index From 2019 - 2024
2.681
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi Kuantitatif Terapan Jurnal Ilmu Sosial dan Humaniora Jurnal Ekonomi dan Pembangunan Indonesia Journal of Indonesian Applied Economics Journal of Indonesian Economy and Business Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Ekonomi dan Bisnis Journal of Regional and Rural Development Planning EKO-REGIONAL JURNAL PENGEMBANGAN EKONOMI WILAYAH JEMPER (Jurnal Ekonomi Manajemen Perbankan) The International Journal of Business Review (The Jobs Review) Jurnal Abdimas Sang Buana JEPI
Hendajany, Nenny
Universitas Sangga Buana
Arts Humanities Civil Engineering, Building, Construction & Architecture Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences Other

Published : 29 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Journal of Indonesian Economy and Business

 1 
HUMAN CAPITAL VERSUS THE SIGNALING HYPOTHESES: THE CASE OF INDONESIA Nenny Hendajany; Tri Widodo; Eny Sulistyaningrum
Journal of Indonesian Economy and Business (JIEB) Vol 31, No 2 (2016): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (354.082 KB) | DOI: 10.22146/jieb.15290

Abstract

Education positively affects a person's income. It can be explained in two ways. Firstly, education directly increases the productivity of a person, which is in accordance with the views of the theory of human capital. The second way is an indirect effect, in which education acts as a sign (signal) of a worker’s unobserved characteristics, as assessed by an employer who is considering hiring the person. This is consistent with the view of the signaling theory. Both views are often debated in literature. This paper examines the returns to education in Indonesia, separating out the credential effects from the pure years of schooling effects. We used survey data from the Indonesian Family Life Survey (IFLS) 2000, 2007, and 2014 to test the difference of the two theories in estimating the returns to education in Indonesia. This study used three models which consisted of the human capital model, the signaling model, and the hybrid model. The human capital model used the number of years of schooling as a variable representing education, the signaling model used dummy variables from the level of education achieved (elementary school, junior high school, senior high school, diploma, university), and the hybrid model combined both measures of the variables. The hybrid model allows for the separation of the impact of human capital based on an additional year of schooling, and the impact of signaling by the accomplishment of a particular certificate. The results of the study provide strong evidence of the presence of the returns to education either through the human capital or the signaling theories. Keywords: education, human capital, signaling, returns to education 
Co-Authors Ae Suaesih Aghnia Rusyda Ahmad Zulfahmi Ubaidillah Ajeng Istiqomah Akrom, Akrom Anggun Ahmad Fauzi Anindita Asokawati Anita Syafariah Aryanti Ratnawati Asep Dion Nugraha Bagus Efan Sanusi Bambang Rustandi Bambang Susanto Bambang Susanto Bias Pratista Lembayung Biller Pandjaitan Cecep Deni Mulyadi Deden Rizal R Delvi Yulianda Demsi Minar Dhera Aditia Didi Supardi Didin Saepudin Djoko Pitoyo Dody Kusmana Dwi Siti Sulistyowati Dyah Saputri Edo Wardo Haloho Eny Sulistyaningrum Erik Nugraha Erna Garnia Eva Rachmawati Fajar Fajar Farhan Fikri Faturohman Fauzi Ramadhan Finny Redjeki Fitria Lilyana Ghibanna Bakhrain Hasna Nur Azizah Helgi Ginanjar Henda Hendawati Heri Husni Kamal Ida Farida Ine Aprianti Ira Setiawati Ivany Syarief Ketut Abimanyu Munastha Komara, Erwan M. Hafiz Akmal Nugraha Magdalena Magdalena Maulana Yusuf Mirwan Malik Kustoni Muchamad Rizky Muhammad Fadil Muhammad Lukmanul Hakim Muhammad Reza Gunawan Muhammad Sayyid Alshiddiqi Noviani Dewi Nunung Fauziah Nurhidayati Putri Nursahidah Nursahidah Pitri Novianti Pusvita Ira R. Didin Kusdian Ramadhania Wati Resyifa Dirdantini Rima Desyana Mawaddah Rodiah Rodiah Roni Tabroni Rusmin Nuryadin Sanusi, Nunung Setiawan, Audita Shendy Susanto Shinta Nuraeni Sifa Nurasiah Silvia Kartika Sindi Yasinta Siti Meli Slamet Risnanto Solihin, Hanhan Hanafiah Sri Wahyuni Suhanda Suhanda Suharjanta Wisnu Pitara Suharsono, Teguh Nurhadi Sukardi, Hadi Ahmad Tasya Nurahliana Tata Zaenal Mutaqin Terezinha Pereira Barreto Tia Sugiri Tiktik Sartika Tri Nuryanti Tri Widodo Tri Widodo Tri Widodo Triyani Hayati Windi Lestari Wisnu Wijaya Wiwin Sukiati Wuri Handayani Y. Ony Djogo Yuli Nawangsasi Yuni Indriani Yushar Kadir