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4. Compare and contrast the “human capital” versus “signaling” theories of education and its relation to...

4. Compare and contrast the “human capital” versus “signaling” theories of education and its relation to the distribution of jobs to individuals. If a “signaling” model was “true” and the “human capital” model was “false”, would the Skill Biased Technological Change argument or institutionalist arguments be more likely to hold? (Define both and explain).
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