findings by embedding signaling within a model of multi-product price competition. …

explanation for this puzzle, using a two-stage-signaling model. Signaling can occur over time both in high school and college. We … show that main signaling stage may be high school or college, and that students work harder in the main signaling stage. We … also find that the main signaling is more likely to occur in high school if human networking is important for job …

A large portion of the rise in the education premium can be explained by a signaling theory of education which predicts …