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Direct linkArcidiacono, Peter; Bayer, Patrick; Hizmo, Aurel – National Bureau of Economic Research, 2008
In traditional signaling models, education provides a way for individuals to sort themselves by ability. Employers in turn use education to statistically discriminate, paying wages that reflect the average productivity of workers with the same given level of education. In this paper, we provide evidence that education (specifically, attending…
Descriptors: Wages, Human Capital, Race, Labor Market
