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According to the signaling theory of education,better-educated workers (i) signal their higher marginal productivities.
(ii) are likely to be high-ability workers.
(iii) are in scarce supply in less developed countries.
Cognitive Development
The process of growth and change in intellectual capabilities such as thinking, problem-solving, and decision-making.
Cross-Sectional
A type of study or analysis that examines data from a population at one specific point in time.
Longitudinal Designs
Research strategies that involve repeated observations of the same variables or groups over a period of time.
Cohort
A group of subjects who share a defining characteristic, typically studied over a period to observe changes and developments.
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