The paper enriches a standard signaling model of education with issues of social distance defined over educational … growing average level of schooling. As education rises, signals get noisy and potentially harmful for what concerns firms … these dynamics are in line with recent trends and other stylized facts about education. …

The paper enriches a standard signaling model of education with issues of social distance defined over educational … growing average level of schooling. As education rises, signals get noisy and potentially harmful for what concerns firms … these dynamics are in line with recent trends and other stylized facts about education. …

This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their … separating level of education does not depend on the observability of workers’ types. On the other hand, when workers are also … uncertain about their productivity, the separating level of education is ambiguously related to the speed of employer learning. …

that voters are indi®erent between the no-voucher and SV regimes, unless competition leads to a reduction in the education …

, introducing selective vouchers induces a Pareto improvement. Some agents use vouchers in equilibrium to buy private education …

This paper studies how a signaling motive becomes a cause of excessive disobedience and an obstacle to authority in a …

We propose a signaling model of student enrollment dynamics based on probabilities of completion of studies, under …