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dc.contributor.authorMazza, Jacopoen_US
dc.contributor.authorvan Ophem, Hansen_US
dc.contributor.authorHartog, Joopen_US
dc.date.accessioned2011-07-22en_US
dc.date.accessioned2011-11-23T11:42:40Z-
dc.date.available2011-11-23T11:42:40Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:101:1-201104133332en_US
dc.identifier.urihttp://hdl.handle.net/10419/52039-
dc.description.abstractWe apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is unequivocally confirmed: uncertainty strongly dominates unobserved heterogeneity.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5531en_US
dc.subject.jelC01en_US
dc.subject.jelC33en_US
dc.subject.jelC34en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordwage inequalityen_US
dc.subject.keywordwage uncertaintyen_US
dc.subject.keywordunobserved heterogeneityen_US
dc.subject.keywordselectivityen_US
dc.subject.keywordeducationen_US
dc.subject.keywordreplicationen_US
dc.subject.stwLohndifferenzierungen_US
dc.subject.stwBildungsniveauen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwGeschlechten_US
dc.subject.stwUSAen_US
dc.subject.stwGro├čbritannienen_US
dc.subject.stwDeutschlanden_US
dc.titleUnobserved heterogeneity and risk in wage variance: Does schooling provide earnings insurance?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn664666892en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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