Over-education for the rich vs under-education for the poor: a search-theoretic microfoundation

This paper provides a search-theoretic microfoundation to the popular view according to which rich but poorly talented individuals crowd out poorer and more talented individuals from schooling. We consider a two-sector, two schooling level matching model of unemployment with ex-post rent-sharing. In...

Full description

Saved in:
Bibliographic details
Main Author: Charlot, Olivier
Decreuse, Bruno
Format: Publication
Language: English
Place of publication: HAL CCSD 01.01.2006
Data of publication: 2006-01-01
Discipline: Economics
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
Database information Databases - DBIS