learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence’s original … value of job market signaling. …

We consider a model in which educational investments entail productivity gains, signaling power, and social returns …

number of educated individuals, the importance of the signaling value of education, and the wage inequality between educated …Many empirical works suggest that education has a positive effect on earnings not only because it raises human capital … but also because it functions as a signal when employers have incomplete information on employees' skills. The signaling …

education simply reflects the ability of the worker (through a signalling role). In this paper we describe and implement, using …It is clear that education has an important effect on wages paid in the labour market However it not clear whether this … is due to the role that education plays in raising the productivity of workers (the human capital explanation) or whether …

This Paper presents a test of the educational signalling hypothesis. If employers use education as a signal in the … hiring process, they will rely more on education when less is otherwise known about applicants. We find that employers are … that education is used as a signal in the hiring process. …

whether education simply reflects the ability of the worker (through a signalling role). In this Paper we describe and …It is clear that education has an important effect on wages paid in the labour market. It is not clear, however …, whether this is due to the role that education plays in raising the productivity of workers (the human capital explanation) or …

induces higher effort for signalling purposes. Under reasonable circumstances, optimal education policy allows for some …. Education provides both a signal on unobservable ability and improves productivity after education. Sorting sets better … incentives in primary education and allows for improved peer group effects in secondary education. Comprehensive education …

uses a regression discontinuity design to identify the effect of peacetime conscription on education and labor market … outcomes. Results indicate that conscription eligibility induces a significant increase in years of education, which is … consistent with conscription avoidance behavior. However, this increased education does not result in either an increase in …

multidimensional signaling model relying on college grades and selectivity that rationalizes students’ choices of effort and firms … data sets that span the early 1960s through the late 2000s, I show that the data support the predictions of the signaling …