Should I??...
Sunday, October 25, 2009
I have been thinking about this possible phenomenon lately when I started doing my labor economics module.. Which can possibly be a good thesis writing... And I'm really keen about investigating.. However, I am just not brave or rather, confident enough to "sacrifice" 3 modules worth of grades (if I don't do well).. Nonetheless, it's a really interesting issue to ponder about.. I'm not too sure if there's already writings on it though...
It's about what I call it the "graduate's burden". We learn in labor economics about wage differential of High ability and Low ability workers.. And usually, education is taken as the indicator of your ability (For model)... So it is interesting to me how the supply curve of individuals change with education.. And graduates having a derived supply because of wage differential rather than what they are truly willing to supply. And since each individual is
heterogeneous, it is interesting to investigate the patterns and come out with some model to depict it..
Maybe I will try looking into it during the holidays... Wonder if anyone have already came out with such an idea.. Or maybe I'll be the next potential noble ECONOMIC prize nominee! heeheehee
