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Vysokoškolské vzdělání jako informace

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  • Vítězslav Bican

Abstract

This article deals with the issues of different theoretical approaches to education. Education is seen as a tool, how to distinct different marginal productivities of employees. We start from the fact of an information asymmetry on the labour markets, asymmetry between employers and potential employees. Based on this we try to apply the concept to the Czech environment and specifically to the difference between master and bachelor/specialist degrees. We come out from the statistical facts that the master graduates reach much higher wage rates than bachelor graduates. The article finds the signs of two competing explanations of that fact, the human capital theory and the signaling theory.

Suggested Citation

  • Vítězslav Bican, 2010. "Vysokoškolské vzdělání jako informace," Ekonomika a Management, Prague University of Economics and Business, vol. 2010(4).
    • Handle: RePEc:prg:jnleam:v:2010:y:2010:i:4:id:118
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    References listed on IDEAS

    as
    1. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 355-374.
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    More about this item

    Keywords

    Vzdělání; Trhy práce; Signalizační chování; Informace; Information; Labour market; Signaling; Education;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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