Question
I'd like to understand the difference between Signaling theory and Human Capital theory. A comparison of those 2.The different criterias of each making it confusing
I'd like to understand the difference between Signaling theory and Human Capital theory. A comparison of those 2.The different criterias of each making it confusing to understand only through google definition.
I'd like to know which theory among those 2 is best describing the current situation of Canada related to the following topic:The wage differential between men and women in Canada.
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The next informations are mentioned due to a comment telling me that I have to provide more details for this study case. ( just informing to prevent my question being refused thinking Im tryna get someone else doing my work though thats not the case, thank you ):
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What is asked to do is: You should find two wage gap theories. You explain the two theories and choose the one which you think is more elucidating the Canadian case.
That question should be answered relating to the topic of The wage differential between men and women in Canada.
The main source given is:
Read Chapter 18: The markets for the Factors of Production Read chapter 19: Earnings and Discrimination on Principles of Microeconomics Mankiw Textbook + should find other sources not the textbook
I red the chapters and find the theories the 2 theories that are discussed, I know in general that:
Signaling theory: Focuses on the degree/academic achievement
Human Capital theory: Focuses on the experience of the individual
but dont know how to determine which one is approppriate to Canada's case considering the topic of The wage differential between men and women in Canada. Thank you for your help!
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