Federal Reserve Bank of Cleveland: 'Quantifying the Signaling Role of Education'
January 18, 2025
January 18, 2025
CLEVELAND, Ohio, Jan. 18 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 25-02) on January 9, 2025, by Baris Kaymak entitled "Quantifying the Signaling Role of Education."
Here are excerpts:
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This paper quantifies the signaling role of education and measures the associated efficiency losses from asymmetric information. To that end, I model educational attainment and occupational choices in an asymmetric . . .
Here are excerpts:
* * *
This paper quantifies the signaling role of education and measures the associated efficiency losses from asymmetric information. To that end, I model educational attainment and occupational choices in an asymmetric . . .