Cunha, Flavio; Heckman, James; Navarro, Salvador - Institutet för Arbetsmarknads- och Utbildningspolitisk … - 2004
forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60 % of … variability in returns to schooling is forecastable. This has important implications for using measured variability to price risk …
