Autor según el artículo: Hartog J; Diaz-Serrano L
Departamento: Economia
Autor/es de la URV: Díaz Serrano, Luis
Palabras clave: Schooling decisions In-variables models Earnings risk uncertainty schooling decisions returns life-cycle estimator empirical-analysis aversion
Resumen: We develop a simple human capital model for optimum schooling length when earnings are stochastic, and highlight the pivotal role of risk attitudes and the schooling gradient of earnings risk. We use Spanish data to document the gradient and to estimate individual response to earnings risk in deciding on attending university education, by measuring risk as the residual variance in regional earnings functions. We find that the basic response is negative but that in households with lower risk aversion, the response will be dampened substantially and may even be reversed to positive.
Áreas temáticas: Interdisciplinar General economics,econometrics and finance Economics, econometrics and finance (miscellaneous) Economics, econometrics and finance (all) Economics Economia Ciencias sociales
Acceso a la licencia de uso: https://creativecommons.org/licenses/by/3.0/es/
ISSN: 15140326
Direcció de correo del autor: luis.diaz@urv.cat
Identificador del autor: 0000-0001-9479-5091
Fecha de alta del registro: 2023-05-21
Versión del articulo depositado: info:eu-repo/semantics/publishedVersion
Enlace a la fuente original: https://www.tandfonline.com/doi/abs/10.1080/15140326.2007.12040479
Referencia al articulo segun fuente origial: Journal Of Applied Economics. 10 (1): 1-28
Referencia de l'ítem segons les normes APA: Hartog J; Diaz-Serrano L (2007). Earnings risk and demand for higher education: A cross-section test for Spain. Journal Of Applied Economics, 10(1), 1-28
URL Documento de licencia: https://repositori.urv.cat/ca/proteccio-de-dades/
DOI del artículo: 10.1080/15140326.2007.12040479
Entidad: Universitat Rovira i Virgili
Año de publicación de la revista: 2007
Tipo de publicación: Journal Publications
Repositori URV