Construct · 1 fields · 1 citations

Willis-Rosen model: a standalone construct

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Labor economics

a Roy-type model in which people choose whether to attend college by comparing expected lifetime earnings on each schooling path given their comparative advantage.

In labor economics, Willis-Rosen model refers to a Roy-type model in which people choose whether to attend college by comparing expected lifetime earnings on each schooling path given their comparative advantage. This meaning comes from Willis (1978) in Education and Self-Selection.[1]

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Nearby constructs

comparative advantage1 fields · 4 citationsanchor · a standalone construct labor4 fields · 4 citationsjingle · one word, four constructs model3 fields · 3 citationsjingle · one word, three constructs

References

Willis, R., & Rosen, S. (1978). Education and Self-Selection. National Bureau of Economic Research. https://doi.org/10.3386/w0249

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