Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/21177
Authors: 
Pereira, Pedro Telhado
Martins, Pedro Silva
Year of Publication: 
2001
Series/Report no.: 
IZA Discussion paper series 321
Abstract: 
Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this investment. It seems that most of the countries fit the pattern well: higher risk – higher return.
Subjects: 
Returns to Education
risk
quantile regression
JEL: 
I21
C29
J24
Document Type: 
Working Paper

Files in This Item:
File
Size
86.11 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.