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Is Earnings Uncertainty Relevant for Educational Choice? An Empirical Analysis for China
wage expectations educational choice
2012/10/30
We use the method of Dominitz and Manski (1996) to solicit anticipated wage distributions for continuing to a Master degree or going to work after completing the Bachelor degree. The means of the dist...
Social Capital and the Uncertainty Reduction of Self-Employment
Self-employment social capital human capital event history
2013/10/18
We study the self-employed decision and its relation to human and social capital. Human capital is necessary to acquire skills. Social capital dampens the effects of uncertainty about future income. O...