Misallocation, Education Expansion and Wage Inequality
This study offers a unified explanation for the perplexing fact that the education premium rises more\ud for low-experienced workers, while the experience premium increases mainly for low-educated labor.\ud The interaction of signaling, employer learning and credit constraints resolves this puzzle....
|Main Author:||Koutmeridis, Theodore|
|Place of publication:||
|Data of publication:||2018-01-01|
|Online Access:||available in Bonn?|
|Database:||OpenAIRE (Open Access)
Database information Databases - DBIS