signaling value of education accompanied by more overeducation particularly among upperclass offspring. We identify five … extensive (employment) margin. • The earnings premium has increased more when education is measured as years corresponding to …

training. The theoretical intuition on the impact of wage floors on education is ambiguous. On the one hand, they raise the … opportunity cost of education and prevent further skill accumulation. On the other hand, they lower the employment probability of … workers declines which lowers the opportunity cost of education. High requirements with regard to professional skills …

We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …