Employers often use education and other ability measures as indicators of unmeasured ability dimensions. This paper presents tests of signaling, relying on differences in earnings functions for salaried individuals in screened occupations versus self-employed individuals in unscreened positions. Vocational associate degrees and high school grades…

The Survey of Income and Program Participation (SIPP) was used to compare estimates of the benefits of education among different levels of education and thereby identify the returns to education and training in the subbaccalaureate labor market. The study data consisted of information on the educational attainment and income of 14,537 (7,981…