Publisher Summary This chapter reviews recent advances in the empirical literature on the
role that households and families play in investing in human resources. It describes the …

Publisher Summary The chapter presents a survey and exposition of the development of the
earnings function as an empirical tool for the analysis of the determinants of wage rates …

N RECENT YEARS, public and profes-sional interest in schools has been heightened by a
spate of reports, many of them critical of current school policy.'These policy documents have …

The market place [the author] portrays here is as responsive to individual desires as the one
lauded by even the most ardent free marketeers; yet he shows that people's struggles for …

As self-employment and entrepreneurship become increasingly important in our modern
economies, Simon C. Parker provides a timely, definitive and comprehensive overview of …

We show that if firms statistically discriminate among young workers on the basis of easily
observable characteristics such as education, then as firms learn about productivity, the …

The key difference between signalling and human capital models is that signalling models
allow firms to draw inferences about unobserved characteristics of workers. Those …

A quarter century ago, an important finding in stratification research showed that the
intergenerational occupational association was much weaker among college graduates …

The theory of market signaling and screening is a cornerstone of the new economics of
information. The last two and a half decades have not only witnessed a series of remarkable …

The empirical relationship between educational attainment and credentials with
socioeconomic attainment is well established, but why this relationship arises remains in …