We ask what resume content can teach us about labor market signaling and the value of college credits and degrees. To do so we scrape a large corpus of resumes from an online jobs board and match these with actual records of college attendance and graduation from the National Student Clearinghouse. We then observe whether job seekers strategically omit schools they did not graduate from, and what worker and school characteristics predict this. These exercises serve three purposes. First, they provide novel evidence of job seekers’ valuation of non-completed degrees vis-a-vis the negative value of dropping out by school and job-seeker characteristics. Second, these results allow us to test assumptions relied upon in standard models of returns to schooling, labor market signaling and employer learning. Lastly, they permit a weak test of the signaling vs. human capital value of omitted schooling by observing employment differentials between omitters and non-omitters.

中文翻译：

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劳动力市场信号和大学的价值：来自简历和真相的证据

我们询问简历内容可以教给我们关于劳动力市场信号以及大学学分和学位的价值。为此，我们从在线工作委员会中抓取了大量简历，并将其与国家学生信息交换所的大学出勤和毕业的实际记录相匹配。然后，我们观察求职者是否战略性地忽略了他们没有毕业的学校，以及什么样的工人和学校特征可以预测这一点。这些练习有三个目的。首先，他们提供了新的证据，证明求职者对未完成学位的评价相对于辍学和求职者特征的负值。其次，这些结果使我们能够检验在学校教育回报、劳动力市场信号和雇主学习的标准模型中所依赖的假设。最后，