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We illustrate a novel informational feature of education, which the government may utilize. Discretionary decisions of individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate earning ability, thereby mitigating the...
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We illustrate a novel informational feature of education, which the government may utilize. Discretionary decisions of individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate earning ability, thereby mitigating the...
Persistent link: https://www.econbiz.de/10013318611
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available in the Additional file 1. We find that the massive influx of graduates into the labour force has been absorbed with no … overeducated graduates increased by 11 log points. Using the British Household Panel Study, we find that the persistence of … overeducation status did not change but for non-employed male graduates moving into employment, the chances of entering a graduate …
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