Glocker, Daniela; Storck, Johanna - In: Economics of Education Review 42 (2014) C, pp. 109-129
Micro Census, we estimate the risk and returns to 75 fields of education, differentiating between vocational and academic … education. We identify fields of education that are efficient investment goods, i.e. high returns at a given level of risk, and … fields that are chosen for other (non-monetary) reasons. Furthermore, we rank fields of education by their return per unit of …