Showing 1 - 10 of 56
The risk of investment in schooling has largely been ignored. We assess thevariance in the rate of return by surveying … skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …
Persistent link: https://www.econbiz.de/10011335192
virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …
Persistent link: https://www.econbiz.de/10010345125
The risk of investment in schooling has largely been ignored. We assess the variance in the rate of return by surveying … positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …
Persistent link: https://www.econbiz.de/10011450523
the literature on wage effects we add a breakdown of variances in heterogeneity and risk. …
Persistent link: https://www.econbiz.de/10014309585
The risk of investment in schooling has largely been ignored. We assess thevariance in the rate of return by surveying … skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …
Persistent link: https://www.econbiz.de/10010325203
virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …
Persistent link: https://www.econbiz.de/10010352219
risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed … to attitudes towards risk taking. …
Persistent link: https://www.econbiz.de/10011600836
We use two large Dutch datasets to estimate the Risk Augmented Mincer equation and test for risk compensation in … expected earnings. We replicate earlier findings of a positive premium for risk and a negative premium for skew and add … educations but obtain identical risk compensation. Among recent graduates, women receive higher risk compensation than men …
Persistent link: https://www.econbiz.de/10010267699
variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …
Persistent link: https://www.econbiz.de/10010268304
We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty …
Persistent link: https://www.econbiz.de/10010271303