Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155192
Authors: 
Brunello, Giorgio
Year of Publication: 
2001
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 29.2001
Abstract: 
Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education in a standard log earnings equation. I find that, in line with the literature, the gap between IV and OLS estimates of the returns to education is large.
JEL: 
J24
J31
Document Type: 
Working Paper

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