Lofstrom, Magnus; Tyler, John H. - Institute for the Study of Labor (IZA) - 2007
In this paper we develop a simple model of the signaling value of the GED credential. The model illustrates necessary … of the signaling value of the GED for marginal passers. We apply the model to the national 1997 passing standard increase … hike, we find no evidence of a positive GED signaling effect on earnings. However, we find some evidence which suggest that …