Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20941
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dc.contributor.authorHartog, Joopen_US
dc.contributor.authorSerrano, Luis Diazen_US
dc.date.accessioned2009-01-28T16:18:01Z-
dc.date.available2009-01-28T16:18:01Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/20941-
dc.description.abstractWe 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 deciding on attending university education, by measuring risk as the residual variance in regional earnings functions. We find that the basic response is negative but that in households with lower risk aversion, the response may be reversed topositive.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x641en_US
dc.subject.jelI21en_US
dc.subject.ddc330en_US
dc.subject.keywordearnings risken_US
dc.subject.keywordschooling decisionsen_US
dc.subject.stwBildungsverhaltenen_US
dc.subject.stwStudiumen_US
dc.subject.stwVerdienstausfallen_US
dc.subject.stwEinkommenen_US
dc.subject.stwRisikoen_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwSpanienen_US
dc.titleEarnings Risk and Demand for Higher Education: A Cross-Section Test for Spainen_US
dc.typeWorking Paperen_US
dc.identifier.ppn846310082en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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