This document offers a synthesis of the papers presented at the Conference on the Econometrics of Education: Modeling … the state of research in the economics of education. The methods of the economics of education are treated first, followed … by a discussion of two important findings of recent research: the variance of the returns to education, and the risk …

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences …? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of … US labor force participants. We show that education affects peoples’ decisions to become an entrepreneur negatively. We …