positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …

skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We … college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …

studies that cannot be explained. Jointly, the studies show a clear U-shaped development in the rate of return to education …

This paper examines the evolution of the returns to education in Portugal over the 1980s andearly 1990s. The main … findings indicate that the returns to education have increased,particularly after joining the European Union in 1986. Since … this occurred along with anincrease in the level of education within the labour force, the process is most likely …

graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then …

graduates from secondary education with a vocational and a general curriculum.. The wage gap initially increased and then …

We document and analyse the wage gap between vocational and general secondary education in Portugal between 1994 and … school system and in the structure of labour demand. We conclude that assessing the relative value of vocational education …