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Suppose the minimum time taken to get a university degree is increased from three years to six years.Under the signalling view of education this is likely to lead to:
(i) all employers being able to better distinguish high-ability job applicants from low-ability applicants
(ii) top-tier employers (eg.investment banks, law firms) being able to better distinguish high-ability job applicants from low-ability applicants
(iii) an increase in human capital and a corresponding increasing in the marginal product of labour
Doula
An experienced mentor who furnishes emotional support and information for a woman during labor.
Emotional Support
Assistance provided through empathy, concern, and understanding to help individuals cope with stress or emotional distress.
Labor
The physical or mental effort expended in the production of goods and services, or the workforce collectively involved in this process.
Experienced Helper
An individual who has gained a significant amount of knowledge and skills through working in a role that supports others, often in a counseling or caregiving context.
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