Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … income, and to calculate certainty equivalent lifetime income at different levels of education. We find that university … education is associated with about a half a million euro increase in discounted lifetime disposable income compared to …

Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … income, and to calculate certainty equivalent lifetime income at different levels of education. We find that university … education is associated with about a half a million euro increase in discounted lifetime disposable income compared to …

Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … income, and to calculate certainty equivalent lifetime income at different levels of education. We find that university … education is associated with about a half a million euro increase in discounted lifetime disposable income compared to …

productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …

productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …

productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …

lives. The return to education varies greatly by institutional quality, discipline, and individual characteristics …

lives. The return to education varies greatly by institutional quality, discipline, and individual characteristics …

-Murphy-Pierce decomposition analyses. On the one hand, over the past few decades, Chinese women have staged a 'quiet revolution' in education and … cognitive abilities, and especially after the large-scale higher education expansion since 1999, women have outperformed men in … older cohorts (the 1960s and 1970s birth cohorts). Despite the advantages in terms of education and cognitive abilities of …

lives. The return to education varies greatly by institutional quality, discipline, and individual characteristics …