Sorting on the labour market: A literature overview and theoretical framework
AbstractIn the literature there are basically two main approaches that explain the positive link between the level of education and wages: the human-capital theory and the signalling/screening (collectively known as sorting) theory. We highlight the similarity and differences between these theories and present a general theoretical model of screening with productivity-enhancing effects of education from which we derive four empirically testable hypothesis. -- In der Literatur sind zwei Theorien zur Erklärung des positiven Zusammenhangs zwischen dem Bildungsniveau und dem Lohn vorherrschend: die Human Kapital-Theorie und die Signaltheorie. Wir beschreiben die Gemeinsamkeiten und Unterschiede beider Theorien und präsentieren ein allgemeines theoretisches Signal-Modell mit produktivitätserhöhenden Effekten der Bildung. Anhand diesem Modell entwickeln wir vier Hypothesen, die empirisch getestet werden können.
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Date of creation: 2011
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human-capital theory; signalling; screening;
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-10 (All new papers)
- NEP-HRM-2012-04-10 (Human Capital & Human Resource Management)
- NEP-LAB-2012-04-10 (Labour Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Royal Holloway, University of London: Discussion Papers in Economics
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- Habermalz, Steffen, 2006. "The Speed of Employer Learning and Job Market Signaling Revisited," IZA Discussion Papers 2309, Institute for the Study of Labor (IZA).
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