to estimate individual response to earnings risk in deciding on attending university education, by measuring risk as the …

This paper estimates the health returns to education, using data on identical twins. I adopt a twin … both education and health. I further investigate to what extent within-twin-pair differences in schooling correlates with … education on health. Higher educational levels are found to be positively related to self-reported health but negatively related …

skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …

We examine how the gender of a sibling affects earnings, education and family formation. Identification is complicated … with sisters obtain lower education and give birth earlier than women with brothers. Our analysis shows that the family …

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …

The validity of family background variables instrumenting education in income regressions has been much criticized. In … (perfect validity of the instrument). The size of the bias is in many cases smaller than the standard error of education …

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We … college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …

relationship between agglomeration externalities and the level of education. While the positive relationship between economic … relationship between density and productivity for workers with different types of education. Apart from estimating the impact of … aggregate density, we also estimate whether the composition of the local labor market in terms of education is related to the …

professional achievement and educational attainment. Our results also demonstrate that education and labor market outcomes are …