Significant amount of recent research continues to produce evidence in support of the presence of sheepskin effects in returns to schooling both for developed and developing countries. However, researchers have not made many attempts to identify or empirically test the possible mechanisms that...

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...

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...