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The expansion of higher education in the Western countries has been accompanied by a marked widening of wage differentials and increasing over-qualification. While the increase in wage differentials has been attributed to skill-biased technological change that made advanced skills scarce, this...
Persistent link: https://www.econbiz.de/10005082958
The expansion of higher education in the Western countries has been accompanied by a marked widening of wage differentials and increasing over-qualification. While the increase in wage differentials has been attributed to skill-biased technological change that made advanced skills scarce, this...
Persistent link: https://www.econbiz.de/10005082996
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The essays on contract theory offer new results centering around the theory of the firm. Issues of ownership, integration, delegation, and finance are analyzed. Further, topics of medical care, the economics of crime, the environment, and international trade are treated from a contracting...
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