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In this paper the Signalling approach to the explanation of wage differentials is analyzed in a critical way. Departing … from the classic Spence's model, the article shows how the introduction of inequalities in accessing to education leads to …
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This dissertation focuses on three different questions in the field of education, using the method of theoretical …
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This paper studies optimal taxation of income and education when employers cannot observe workers' productivity and … workers signal their productivity to firms by choosing both quantity and quality of education. We characterize constrained …. Implementation through income and education dependent taxes is discussed, as well as education mandates. A key insight is that …
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