Does Income Inequality Lead to Education Inequality? A Cross Sectional Study of Pakistan
When firms do not know which labor is capable of efficient work, then paying all employees their average product as wage seems a feasible option. This simplest of ways discourages good workers and makes bad workers costly. Spence proposed to use educational attainment as the indicator of the labor f...
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| Format: | Book |
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University of Management and Technology,
2020-06-01T00:00:00Z.
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