TY  - RPRT
        AU  - Pereira, Pedro T.
AU  - Martins, Pedro S.
        TI  - Is there a Return-Risk Link in Education?
        PY  - 2001/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 321
        UR  - https://www.iza.org/publications/dp321
        AB  - 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.
        KW  - quantile regression
KW  - risk
KW  - Returns to education
        ER  -