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Job Market Signaling

in Papers Messing With My Brain by Malik Torres

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Job Market Signaling on “Papers Messing With My Brain”, a list by Malik Torres on TheLysts.

Details

Photo
—
Name
—
Authors
Michael Spence
Year
1973
Field
Microeconomics / labor
One big idea
Education can function less as skill-building and more as a costly signal that separates high- and low-productivity workers.
My take
Every time I’m grinding a gen-ed that teaches nothing new, I just whisper “it’s a signal, it’s a signal” and keep going.

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