mariaherving55
mariaherving55
19.12.2019 • 
Business

Alternative explanations of wage disparities

suppose that a labor economist claims that recipients of economics phds gain little in terms of acquired productive skills from their graduate studies but that, instead, the degree simply reflects a high level of inherent mathematical ability.

which one of the following characterizes the labor economist's perspective on the link between education and wages?

a. human capital
b. the superstar phenomenon
c. compensating differentials
d. signaling

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