Human Capital Theory vs. Screening Hypothesis: Evidence from the Greek Health Sector

Stefanos Chanis () and Constantinos Tsamadias ()
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Stefanos Chanis: University of Piraeus, Piraeus, Greece
Constantinos Tsamadias: Harokopio Uninersity, Athens, Greece

SPOUDAI Journal of Economics and Business, 2022, vol. 72, issue 3-4, 78-90

Abstract: This study tests whether the human capital theory is stronger than the screening hypothesis, using data from the Greek health sector. The paper estimates the rates of return of workers in the Greek health sector and tests the screening hypothesis. The evidence shows that the ‘weak’ version of the screening hypothesis is valid, but in general, the empirical results are consistent with the human capital theory.

Keywords: Rate of Return; Human Capital; Screening Hypothesis; Greek Health Sector (search for similar items in EconPapers)
JEL-codes: I26 J24 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spd:journl:v:72:y:2022:i:3-4:p:78-90

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