substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …

This Paper examines the education literature through the lens of sorting. It argues that how individuals sort across …. It discusses the implications of different education finance systems for sorting and analyses the efficiency and welfare …

the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill … premium and of the degree of correlation of spouses’ education (marital sorting). For all our measures, we find a positive and …

vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher … case in point. Little attention has been given to examining the success of vocational education in raising the wages of … efficacy of vocational education in raising the wage levels of four such groups: recent immigrants, Jews of Eastern origin …

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee …'s education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour …