We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … shift in the distribution of academic qualifications in affected cohorts, but plausibly had no impact on the distribution of … ability. We show that a Choo and Siow (2006) model with sorting on cohort, qualifications, and latent ability is identified …

We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using … shift in the distribution of academic qualifications in affected cohorts, but plausibly had no impact on the distribution of … ability. We show that a Choo and Siow (2006) model with sorting on cohort, qualifications, and latent ability is identified …

for most qualifications. The results from the paper suggest that conventional OLS estimates of the returns to education … obtain no formal qualifications. There is also some evidence that individuals with lower tastes for education, have … significantly higher marginal returns to certain education qualifications. We also find that post-school qualifications …

with respect to the ability of their employees when training is certified by credible external institutions. We apply an … institutions at that the end of apprenticeship training can be signalled to outside employers. Apprenticeship graduates however … cannot signal their work-related ability – measured by a small voluntary bonus paid by the training employer – to the outside …