In this paper we analyze investments in human capital assets in a way which is standard for financial assets, but not (yet) for human capital assets. We study mean-variance plots of human capital assets. We compare the properties of human capital returns using a performance measure and by using...

Individuals match on length and type of education. We investigate whether the systematic relationship between educations of partners is explained by opportunities (e.g. low search frictions) or preferences (e.g. complementarities in household production or portfolio optimization). We find that...

Outsourcing of jobs to low-wage countries has increased the focus on the accumulation of skills - such as Math skills - in high-wage countries. In this paper, we exploit a high school pilot scheme to identify the causal effect of advanced high school Math on labor market outcomes. The pilot...