This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their … separating level of education does not depend on the observability of workers' types. On the other hand, when workers are also … uncertain about their productivity, the separating level of education is ambiguously related to the speed of employer learning. …

Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …

signals that is concave, a feature that earlier studies used to dismiss educational signaling. Using a synthetic panel data … the literature by establishing the possibility of increasing returns to education over part of a workers life within the … signaling framework theoretically and empirically. …

opportunity costs as the basis for the inverse trade-conflict relationship, thus implying that one need not rely on signaling. …

The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when …

parental earnings or fathers' education, or relative to other predictors of child performance. We find no effects on … health. Overall the results suggest positive causal interaction effects between mothers' education and the amount of time … education and school outcomes. …

this purpose, we use both an adoption and a twin design and study the effect of parents' education on their children …'s cognitive skills, non-cognitive skills, and health. Our results show that greater parental education increases children …'s cognitive and non-cognitive skills, as well as their health. These results suggest that the effect of parents' education on …

market. At the same time, education is a time-consuming process, and enrolment and dropout decisions depend on expected … in finding a job. Standard models of job search and education assume that skills can be upgraded instantaneously (and … mostly in the form of on-the-job training) at a fixed cost. This paper models education as a time-consuming process, a …