There exists a strong educational gradient in cancer risk, which has been documented in a wide range of populations. Yet relatively little is known about the extent to which education is causally linked to cancer incidence and mortality. This paper exploits a large social experiment where an...

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education to data for the USA, the UK and Germany. We find that in residual wage variation, uncertainty by far dominates unobserved heterogeneity. The relation between uncertainty and level of...