Signaling and the College Wage Premium

Oleksii Birulin, Nina Parfinenko, Vladimir Smirnov and Andrew Wait ()

No 2019-14, Working Papers from University of Sydney, School of Economics

Abstract: Focusing on the signaling aspect of education, we show that under plausible conditions, college wage premium is U-shaped in the share of the population with a degree. The predictions of our model are consistent with empirical evidence from a range of countries.

Keywords: college-wage premium; signaling; education benefit. (search for similar items in EconPapers)
Date: 2019-11, Revised 2019-11
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Persistent link: https://EconPapers.repec.org/RePEc:syd:wpaper:2019-14

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