Article ID Journal Published Year Pages File Type
6840948 Economics of Education Review 2012 10 Pages PDF
Abstract
► We propose a new empirical test for alternate models of returns to education. ► Human capital versus signaling theories are examined using data on MBAs. ► The test is based on differential returns to an MBA by pre-MBA work experience. ► Evidence suggests the majority of the return to the degree is based on signaling.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Human capital augmentation versus the signaling value of MBA education
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