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generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. -- (Non …-)cognitive abilities ; intelligence, earnings ; entrepreneur(ship) ; wage employment ; income differentials …
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We develop a simple human capital model for optimum schooling length when earnings are stochastic, and highlight the pivotal role of risk attitudes and the schooling gradient of earnings risk. We use Spanish data to document the gradient and to estimate individual response to earnings risk in...
Persistent link: https://www.econbiz.de/10011327826
the compensation paid. In particular, because the degree of risk aversion ought to decrease with income, people should …
Persistent link: https://www.econbiz.de/10011405939
generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. -- (Non …-)cognitive abilities ; intelligence ; earnings ; entrepreneur(ship) ; wage employment ; income differentials …
Persistent link: https://www.econbiz.de/10003750288
Persistent link: https://www.econbiz.de/10001672508
Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum.. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to...
Persistent link: https://www.econbiz.de/10011872132
Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to...
Persistent link: https://www.econbiz.de/10011873553