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. -- Signaling ; job markets ; education ; employer learning ; intuitive criterion …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 …
Persistent link: https://www.econbiz.de/10003652697
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 …
Persistent link: https://www.econbiz.de/10013324859
This study examines the labor-market returns of skill signals. We identify the labor-market effect of grade point averages (GPA) by leveraging a nationwide change in the scaling of grades in Danish universities. Results show that a reform-induced increase in GPA that is unrelated to ability...
Persistent link: https://www.econbiz.de/10012487071
signals that is concave, a feature that earlier studies used to dismiss educational signaling. Using a synthetic panel data … the literature by establishing the possibility of increasing returns to education over part of a workers life within the … signaling framework theoretically and empirically …
Persistent link: https://www.econbiz.de/10013320022
Persistent link: https://www.econbiz.de/10009687520
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 …
Persistent link: https://www.econbiz.de/10013317436
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. …
Persistent link: https://www.econbiz.de/10010439355
We propose a signaling model of student enrollment dynamics based on probabilities of completion of studies, under …
Persistent link: https://www.econbiz.de/10011421585
Information plays a key role in markets with consumer choice. In education, data on schools is often gathered through …
Persistent link: https://www.econbiz.de/10012854499
The paper discusses the impact of ability grouping in secondary education on student incentives. Education provides a … signal on unobservable ability for employers and improves productivity after education. Selection sets better incentives in … primary education and allows for improved peer group effects in secondary education. In comprehensive schools qualification …
Persistent link: https://www.econbiz.de/10012731941