Risk-Adjusted Returns to Education

Autor/in	Delaney, Judith M.
Titel	Risk-Adjusted Returns to Education
Quelle	In: Education Economics, 27 (2019) 5, S.472-487 (16 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0964-5292
DOI	10.1080/09645292.2019.1639625
Schlagwörter	Labor Market; Risk; Outcomes of Education; Gender Differences; Education Work Relationship; Foreign Countries; Educational Attainment; Income; Surveys; College Graduates; High School Graduates; Unemployment; United Kingdom; British Household Panel Survey + Suchen Sie Ihr Suchwort? Labour market; Arbeitsmarkt; Risiko; Lernleistung; Schulerfolg; Geschlechterkonflikt; Ausland; Bildungsabschluss; Bildungsgut; Einkommen; Survey; Umfrage; Befragung; Hochschulabsolvent; Hochschulabsolventin; High school; High schools; Graduate; Graduates; Oberschule; Absolvent; Absolventin; Arbeitslosigkeit; Großbritannien
Abstract	This paper looks at the joint impact of labour market risk and selection into employment on returns to education estimates. The risk-adjusted returns to both high school and college for males are larger than unadjusted returns. For females, risk leads to an increase in returns to high school but to a "decrease" in the returns to college while correcting for selection into employment has large effects for females. The results suggest that failure to account for risk and selection into employment when calculating returns to education leads to biased estimates. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01