The Mincer human capital model uses years of schooling because
A) This is an accurate measure of an individual
B) Returns to schooling are linear
C) Returns are no higher in the years in which qualifications are obtained
D) At the time Mincer undertook his studies US education statistics were compiled in this form.
Correct Answer:
Verified
Q2: The earnings function is endogenous because
A) Higher
Q3: The sheepskin model
A) Suggests that returns are
Q4: The positive relationship between earnings and job
Q5: Employers make use of screening devices because
A)
Q6: The costs of general and specific training
Q7: The incentive to train is a function
Q8: Governments may intervene in the provision of
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