English, Article edition: A Simple Economic Theory of Skill Accumulation and Schooling Decisions William Blankenau; Gabriele Camera

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/58128
Physical Description
  • article
Language
  • English

Edition details

Title
  • A Simple Economic Theory of Skill Accumulation and Schooling Decisions
Author
  • William Blankenau
  • Gabriele Camera
Physical Description
  • article
Notes
  • We propose a model of schooling that can account for the observed heterogeneity in workers' productivity and educational attainment. Identical unskilled agents can get a degree at a cost, but becoming skilled entails an additional unobservable effort cost. Individual labor can then be used as an input in pairwise production matches. Two factors affect students' desire to build human capital: degrees imperfectly signal productivity, and contract imperfections generate holdup problems. Multiple stationary equilibria exist, some of which are market failures characterized by a largely educated workforce of low average skill. Policy implications are explored. (Copyright: Elsevier)
  • Education Policy, Education Finance, Human Capital, Informational Frictions, Matching, Multiple Equilibria.
  • RePEc:red:issued:v:9:y:2006:i:1:p:93-115
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment