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Signaling and the College Wage Premium

Author

Listed:
  • Birulin, Oleksii
  • Parfinenko, Nina
  • Smirnov, Vladimir
  • Wait, Andrew

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.

Suggested Citation

  • Birulin, Oleksii & Parfinenko, Nina & Smirnov, Vladimir & Wait, Andrew, 2019. "Signaling and the College Wage Premium," Working Papers 2019-14, University of Sydney, School of Economics, revised Nov 2019.
    • Handle: RePEc:syd:wpaper:2019-14
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    File URL: http://econ-wpseries.com/2019/201914-02.pdf
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    References listed on IDEAS

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