The graduate tax when education is a signal

This paper investigates the effects of a graduate tax when the return to education is uncertain and wages are determined through equilibrium in a labor market with signalling.The consequence of uncertainty is that both ability and initial wealth matter for educational choice.Compared to a constraine...

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Bibliographic Details
Main Authors: Ismail, Russayani, Myles, Gareth D.
Format: Article
Published: Elsevier Ltd. 2015
Subjects:
Online Access:http://repo.uum.edu.my/16419/
http://doi.org/10.1016/j.rie.2015.07.008
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