This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market … importance of relative education as an explanatory variable in a Mincerian- style wage equation. I find the conclusions of this … method to be dependent on the reference group used in defining relative education. Consequently also the second method yields …

This report describes how Finland succeeds in international comparisons of investments into and outcomes from education …. OECD publications (Education at a Glance, PISA, IALS) are the main sources of this report. All levels of the education … system, from pre-primary education to the second stage of tertiary education, are being examined. The educational attainment …