Investment in Education as a Way of Overcoming the Problem of Information Asymmetry in the Labor Market

Akerlof, G. (1970). The Market for “Lemons”: Quality Uncertainity and the Market Mechanism. The Quarterly Journal of Economics, 84(3), 488-500.10.2307/1879431Open DOISearch in Google Scholar

Arcidiacono, P., Bayer, P. and Hizmo, A. (2010). Beyond Signaling and Human Capital: Education and the Revelation of Ability. American Economic Journal: Applied Economics, 2(4), 76-104.10.1257/app.2.4.76Open DOISearch in Google Scholar

Arrow, K. (1973). Higher Education as Filter. Journal of Public Economics, 2(3), 193-216.10.1016/0047-2727(73)90013-3Search in Google Scholar

Becker, G. (1975). Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (2^nd ed). New York: National Bureau of Economic Research.Search in Google Scholar

Bezil, C. (2007). The Return to Schooling in Structural Dynamic Models: A Survey. European Economic Review, 51(5), 1059-1105.10.1016/j.euroecorev.2007.01.008Open DOISearch in Google Scholar

Blaug, M. (1993). Education and the Employment Contract. Education Economics, 1(1), 21-33.10.1080/09645299300000004Search in Google Scholar

Blaug, M. (2017). Metodologija ekonomije. Centar za izdavačku delatnost Ekonomskog fakulteta u Beogradu.Search in Google Scholar

Borjas, G. (2015). Labor Economics (7^th ed). McGraw-Hill Education.Search in Google Scholar

Brown, S. and Session G. (2004). Signalling and Screening. In: Johnes, G. and Johnes. J. (Eds.). International Handbook on the Economics of Education. Edward Elgar Publishing Limited.Search in Google Scholar

Chevalier A. et al. (2004). Does Education Raise Productivity, or Just Reflect it?. Economic Journal, 114 (449), 499-517.10.1111/j.1468-0297.2004.00256.xSearch in Google Scholar

Chen, S. (2008). Estimating the variance of wages in the presence of selection and unobserved heterogeneity. The Review of Economics and Statistics, 90(2), 275–289.10.1162/rest.90.2.275Open DOISearch in Google Scholar

Gravelle, H. and Rees, R. (2004). Microeconomics (3^rd ed). Pearson Education Limited.Search in Google Scholar

Mankiw, G. and Taylor, M. (2011). Economics (2^nd ed). Cengage Learning EMEA.Search in Google Scholar

Mas-Colell, A., Whinston, M. and Green, J. (1995). Microeconomic Theory. Oxford University Press.Search in Google Scholar

Mincer, J. (1974). Schooling, Experience and Earnings. New York: National Bureau of Economic Research.Search in Google Scholar

Psacharopoulos, G. (1994). Returns to Investment in Education: A Global Update. World Development, 22(9), 1325-1343.10.1016/0305-750X(94)90007-8Open DOISearch in Google Scholar

Riley, J. (2001). Silver Signals: Twenty-Five Years of Screeining and Signaling. Journal of Economic Literature, 39(2), 432-478.10.1257/jel.39.2.432Open DOISearch in Google Scholar

Schultz, T. (1961). Investment in Human Capital. The American Economic Review, 51(1), 1-17.Search in Google Scholar

Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics, 87(3), 355-374.10.2307/1882010Search in Google Scholar

Spence, M. (2002). Signaling in Retrospect and the Informational Structure of Markets. American Economic Review, 92(3), 434-459.10.1257/00028280260136200Open DOISearch in Google Scholar

Stigler, G. (1962). Information in the Labor Market. Journal of Political Economy, 70(5), 94-105.10.1086/258727Open DOISearch in Google Scholar

Stiglitz, J. (1975). The Theory of “Screening”, Education and the Distribution of Income. American Economic Review, 65(3), 283-300.Search in Google Scholar

Weiss, A. (1995). Human Capital vs. Signalling Explanations of Wages. The Journal of Economic Perspectives, 9(4), 133-154.10.1257/jep.9.4.133Open DOISearch in Google Scholar