The allocation of China's higher education talent (2003-2013)

摘要

Using the job placement data of college graduates, we document the allocation of college-educated skilled labour in China during 2003 and 2013. We find that public sectors (governments and state-owned enterprises) enjoy a privileged position in absorbing the most talented in the labour market in contrast to the difficulties that domestic private enterprises suffer. The appeal of the public sectors does not come from the monetary salaries offered at the entry level.