An Empirical Testing of the Theory of Downgrading in Cameroon
Etgard MANGA ENGAMA
Abstract
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