Answered You can hire a professional tutor to get the answer.
some economists maintain that the returns to additional years of education is actually quite small but that there is a substantial "sheepskin" effect...
some economists maintain that the returns to additional years of education is actually quite small but that there is a substantial "sheepskin" effect whereby one receives a higher salary with the successful completion of degrees or the earning of diplomas. Explain how the sheepskin effect is analogous to SIGNALING MODEL