This review describes the research frontier on human capital and education in economics
research. It delineates what is known and largely agreed, and what are the most promising …

In an important contribution to educational policy, Daniele Checchi offers an economic
perspective on the demand and supply of education. He explores the reasons why, beyond …

Education has an important effect on wages but it not clear whether this is because
education raises productivity or because education is simply a signal of ability. We …

The estimation of the economic return to education has perhaps been one of the
predominant areas of analysis in applied economics for over 50 years. In this short note we …

Using unique Italian panel data, in which individual differences in behavior toward risk are
measured from answers to a lottery question, we investigate if (and to what extent) risk …

In this paper, we analyze investments in human capital in a way which is standard for
financial assets, but not (yet) for human capital assets. We study mean-variance plots of …

This paper relaxes the assumption of homogeneous rates of return to schooling by
employing nonparametric kernel regression. This approach allows us to examine the …

Human capital investments increase lifetime income, but may involve substantial risk. In this
paper we use a Finnish panel spanning 22 years to nonparametrically predict the mean, the …

This paper explores the connection between education and wage inequality in nine
European countries. We exploit the quantile regression technique to calculate returns to …

Identification of potential wage distributions by education is important to the study of the
causal links between education, inequality, and uncertainty. Potential wage inequality within …