Koerselman, Kristian; Uusitalo, Roope - Institute for the Study of Labor (IZA) - 2013
income, and to calculate certainty equivalent lifetime income at different levels of education. We find that university … education is associated with about a half a million euro increase in discounted lifetime disposable income compared to … with only moderately higher lifetime income compared to compulsory education, and the entire difference is due to …