Chapter 14. Education and Ability
- Joyce P. Jacobsen,
- Gilbert L. Skillman
Published Online: 14 JAN 2008
DOI: 10.1002/9780470755587.ch15
Copyright © 2004 by Joyce P. Jacobsen and Gilbert L. Skillman
Book Title
Labor Markets and Employment Relationships: A Comprehensive Approach
Additional Information
How to Cite
Jacobsen, J. P. and Skillman, G. L. (eds) (2008) Education and Ability, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch15
Publication History
- Published Online: 14 JAN 2008
- Published Print: 1 JAN 2004
ISBN Information
Print ISBN: 9780631208365
Online ISBN: 9780470755587
- Summary
- Chapter
- References
Keywords:
- education;
- formal schooling;
- wage levels;
- human capital investment;
- wage differentials
Summary
This chapter contains section titled:
FORMAL SCHOOLING AND WAGE LEVELS
FORMAL EDUCATION AS HUMAN CAPITAL INVESTMENT
A basic model of educational choice
Capital market failures and formal schooling choices
FORMAL EDUCATION AS A LABOR MARKET SIGNALING DEVICE
EVIDENCE ON THE SCHOOLING-INCOME NEXUS Distinguishing ability and schooling effects on labor income
Human capital vs. signaling effects of formal schooling
Returns to quality of schooling
Family background and formal schooling choices
Widening wage differentials by educational level
Bifurcated returns to human capital
CONCLUSION