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Is there a return–risk link in education?

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Using results for 16 countries, the positive relationship between return to education and the risk involved in this investment is studied. It seems that most of the countries fit the pattern well: higher risk–higher return and the tradeoff is rather large.

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Returns to education Risk Quantile regression . Faculdade de Ciências Sociais

Citation

Pereira, P. T., & Martins, P. S. (2002). Is there a return–risk link in education?. Economics Letters, 75(1), 31-37. https://doi.org/10.1016/S0165-1765(01)00580-8

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