<?xml version="1.0" encoding="UTF-8"?><xml><records><record><source-app name="Biblio" version="7.x">Drupal-Biblio</source-app><ref-type>17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Yang, Po</style></author></authors></contributors><titles><title><style face="normal" font="default" size="100%">Earnings Expectation and Graduate Employment:Evidence from Recent Chinese College Graduates</style></title><secondary-title><style face="normal" font="default" size="100%">中国教育学前沿</style></secondary-title></titles><keywords><keyword><style  face="normal" font="default" size="100%">reservation wage;graduate employment;earnings expectation</style></keyword></keywords><dates><year><style  face="normal" font="default" size="100%">2011</style></year></dates><volume><style face="normal" font="default" size="100%">6</style></volume><pages><style face="normal" font="default" size="100%">549-570</style></pages><language><style face="normal" font="default" size="100%">eng</style></language><abstract><style face="normal" font="default" size="100%">Chinese college graduates have faced increasing labor market competition since the expansion of tertiary education. Given rigid market demand, graduates with realistic earnings expectations may experience a more efficient job search. Using the 2008 MYCOS College Graduate Employment Survey, this study finds that a 1 000 yuan reduction in a graduate鈥檚 reservation wage can significantly increase the probability of finding a job by 66% and increase the likelihood of being employed six months after graduation by 92%. In addition, the gap between the reservation wage and the market wage has a positive impact. By slightly adjusting earnings expectations, college graduates can significantly improve job search efficiency. Market wages should be seen as reference points when adjusting income expectations.</style></abstract><issue><style face="normal" font="default" size="100%">4</style></issue></record></records></xml>