It is clear that education has an important effect on wages paid in the labour market
However it not clear whether this is due to the role that education plays in raising the
productivity of workers (the human capital ...
Chevalier, Arnaud; Lanot, Gauthier(University College Dublin. Institute for the Study of Social Change (Geary Institute), 2002-05)
In this note we study the implications on a bivariate normal Roy Model of two sets of monotonicity hypotheses proposed recently by Manski and Pepper (2000). In that simple context, we show that these hypotheses imply strong ...