Shabbir, Tayyeb; Ashraf, Javed - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 5 (2011) 2, pp. 202-215
In the last few years, significant amount of research has produced evidence in support of the signaling, credential or "sheepskin" effects in rates of return to schooling for studies of the developed as well as developing countries. An example of the former is the seminal empirical work by...