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....
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Main Author: | Koutmeridis, Theodore |
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Format: | Publication |
Language: | English |
Place of publication: |
01.01.2018 |
ORCID: |
0000-0003-3381-0176 |
Data of publication: | 2018-01-01 |
Online Access: | available in Bonn? |
Database: | OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS |