Is there a Return-Risk Link in Education?

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.

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Year of publication:	2001
Authors:	Pereira, Pedro Telhado ; Martins, Pedro Silva
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Bildungsinvestition \| Investitionsrisiko \| Bildungsertrag \| Welt \| Returns to Education \| risk \| quantile regression

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Series:	IZA Discussion Papers ; 321
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	843965177 [GVK] hdl:10419/21177 [Handle]
Classification:	I21 - Analysis of Education ; C29 - Econometric Methods: Single Equation Models. Other ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	EconStor

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