Is there a Return-Risk Link in Education?

Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this investment. It seems that most of the countries fit the pattern well: higher risk - higher return.

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Year of publication:	2001-07
Authors:	Pereira, Pedro Telhado ; Martins, Pedro Silva
Institutions:	Institute for the Study of Labor (IZA)
Subject:	Returns to education \| risk \| quantile regression

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 5 Number 321 16 pages
Classification:	C29 - Econometric Methods: Single Equation Models. Other ; I21 - Analysis of Education ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005566756