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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Bibliographic details
Main Author: Koutmeridis, Theodore
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
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