Misallocation, Education Expansion and Wage Inequality
This study offers a unified explanation for the perplexing fact that the education premium rises more for low-experienced workers, while the experience premium increases mainly for low-educated labor. The interaction of signaling, employer learning and credit constraints resolves this puzzle. When h...
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| Main Author: | Koutmeridis, Theodore |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
2018 |
| Data of publication: | 2018 |
| Bibliography: |
http://eprints.gla.ac.uk/157377/ |
| Online Access: | available in Bonn? |
| Database: | University of Glasgow IR Enlighten Database information Databases - DBIS |