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This paper studies how social background affects schooling attainment and job opportunities from a theoretical perspective. We analyse the in-teraction between a school and an employer when students attend school and then go to the job market. Students diÞer in ability and belong to different...
Persistent link: https://www.econbiz.de/10003907661
This paper examines how educational decisions affect job and marital satisfaction. We build up a model with educational assortative matching where individuals decide whether to attend university both for obtaining job satisfaction and for increasing the probability to be matched with an educated...
Persistent link: https://www.econbiz.de/10003936606
Educational assortative matching encourages individuals to acquire education so as to increase the probability of marrying a high-income partner. But since everyone is more educated, the chances of a good match do not change. Hence over-education emerges, as in absence of educational assortative...
Persistent link: https://www.econbiz.de/10003923271