Discuss the trend towards "credentialization" (Credentialization is when employers raise the educational requirements for a given job-for example, deciding that a bachelor's degree is now required, when a high school diploma used to toe enough-even when the required skills for the job remain the same. Why is this occurring and who is disadvantaged by this trend?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter14: Labor Markets And Income
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Problem 31RQ: What policies, when used together with antidiscrimination laws, might help to reduce the earnings...
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Discuss the trend towards "credentialization" (Credentialization is when employers raise the educational requirements for a given job-for example, deciding that a bachelor's degree is now required, when a high school diploma used to toe enough-even when the required skills for the job remain the same. Why is this occurring and who is disadvantaged by this trend?

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