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Different higher education patterns of topmanagers in the U.S., France, and Germany. A signaling approach

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Author Info
Egon Franck
Christian Opitz () (Institute for Strategy and Business Economics, University of Zurich)
Abstract

The paper presents an economic explanation of country-specific higher education patterns among topmanagers based on a signaling approach. Starting from Ar-row’s hypothesis that higher education functions as a filter for human capital, we discuss three alternative filter-designs, which can be attributed to the higher education systems of the U.S., France and Germany. An empirical investigation of the educational paths of topmanagers in these countries reveals that these high potentials indeed behaved according to the signaling requirements following from the country-specific filter-design.

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File URL: http://www.isu.uzh.ch/static/ISU_WPS/22_ISU_full.pdf
File Format: application/pdf
File Function: First version, 2003
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Paper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Working Papers with number 0022.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length: 21 pages
Date of creation: 2003
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Handle: RePEc:iso:wpaper:0022

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  1. Temin, Peter, 1999. "The Stability of the American Business Elite," Industrial and Corporate Change, Oxford University Press, vol. 8(2), pages 189-209, June.
  2. Gordon C. Winston, 1999. "Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 13-36, Winter. [Downloadable!] (restricted)
  3. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July. [Downloadable!] (restricted)
  4. Baade, Robert A. & Sundberg, Jeffrey O., 1996. "What determines alumni generosity?," Economics of Education Review, Elsevier, vol. 15(1), pages 75-81, February. [Downloadable!] (restricted)
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