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Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...
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Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education – we speculate that either marginal costs are steeper in Italy or that a … larger share of the population involved in human capital investment faces high marginal costs in Italy compared to the …
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observed in Italy between the end of World War II and the end of the 1980s have had a significant impact on the educational … education. -- education ; quality ; Italy …
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Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European … marginal return to the marginal cost of education we speculate that either marginal costs are steeper in Italy or that a larger … share of the population involved in human capital investment faces high marginal costs in Italy compared to the European …
Persistent link: https://www.econbiz.de/10001502461