The pandemic caused classes and exams to be cancelled at many universities. Some experts argue that this will result in a cohort of students that will face higher unemployment when compared with students not affected by the pandemic. Describe whether this should be the expected outcome in the context of the following two views: a. signalling view of education; b. human capital view of education.

The pandemic caused classes and exams to be cancelled at many universities. Some experts argue that this will result in a cohort of students that will face higher unemployment when compared with students not affected by the pandemic. Describe whether this should be the expected outcome in the context of the following two views: a. signalling view of education; b. human capital view of education.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter7: Uncertainty

Section: Chapter Questions

Problem 7.4P

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