In: Economics
Several researchers have found evidence of sheepskin effects, in
which the labor market return to twelfth...
Several researchers have found evidence of sheepskin effects, in
which the labor market return to twelfth grade is higher than the
return to eleventh grade and the return to the fourth year of
college is higher than the return to the third year of college. Why
does this evidence of sheepskin effects bolster the screening
explanation for the relationship between education and
earnings?