Journal of Education & Social Policy

ISSN 2375-0782 (Print) 2375-0790 (Online) DOI: 10.30845/jesp

An Empirical Testing of the Theory of Downgrading in Cameroon

Despite the downgrading of educational systems in Africa and Cameroon in particular, population growth leads to a significant number of graduates which is more than the absorption capacity of the job market. Competition between job candidates leads to over-education. Using an endogenous model of wage determination, we find that the increasing number of graduates accept lower wages showing that the signalling role of certificates is reduced with the increasing number of graduates.

Full Text: PDF