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Bishop, John1
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Bishop, John – 1988
Wage rates and earnings can mislead public and private decisionmakers about the social benefits of certain kinds of education and training investments. This confusion arises because (1) workers and employers prefer employment contracts that downplay productivity differences among workers doing the same job; and (2) important dimensions of…
Descriptors: Academic Achievement, Compensation (Remuneration), Credentials, Education Work Relationship