The Daily Stat from Harvard Business Review

 

March 12, 2015 A Birth in the Dragon Year May Not Be So Auspicious After All The birth rate in Singapore, where ethnic Chinese are a majority, spikes during astrological years of the dragon (1976, 1988, 2000, etc.), because babies born in a dragon year are believed by many to be superior. Yet the surge in births means tougher competition for university education, with the result that dragon babies are less likely to get a university education than babies born in other years, even though Singapore universities take more dragon-year students in an attempt to compensate, says Nicholas Sim of the University of Adelaide in Australia. A university education in Singapore increases individuals' earnings by 50%, on average, Sim says. SOURCE: Astronomics in action: The graduate earnings premium and the Dragon Effect in Singapore

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