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This question relates to wage contracts and information problems. a) Explain why in the Spence (1973) model of education, high ability workers are paid the
This question relates to wage contracts and information problems. a) Explain why in the Spence (1973) model of education, high ability workers are paid the same as low ability workers in the absence of education
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
