Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … 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 …

education. Accounting for non-employment risk leads to substantial changes in returns while wage risk has little impact. The …This paper looks at the joint impact of labour market risk and selection in to the labour market on returns to … risk- adjusted returns to both high school and college for males are larger than unadjusted returns. For females, risk …

Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … 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 …

This note takes a first look at the distribution of returns to education for people with disabilities, a particularly … uncover significant heterogeneity in the returns to education for these workers, which is drastically masked by the … account its substantial risk), and our results corroborate on the claimed importance of human capital in improving these …

expanding, resource-intensive mitigation effort. If the rate of technical progress in mitigation is too low, it becomes the …