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The Risk Element in Occupational and Educational Choices

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  • Weiss, Yoram

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  • Weiss, Yoram, 1972. "The Risk Element in Occupational and Educational Choices," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1203-1213, Nov.-Dec..
  • Handle: RePEc:ucp:jpolec:v:80:y:1972:i:6:p:1203-13
    DOI: 10.1086/259965
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    Citations

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    Cited by:

    1. Lex Borghans & Angela Lee Duckworth & James J. Heckman & Bas ter Weel, 2008. "The Economics and Psychology of Personality Traits," Journal of Human Resources, University of Wisconsin Press, vol. 43(4).
    2. Weiss, Yoram, 1976. "The Wealth Effect in Occupational Choice," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(2), pages 292-307, June.
    3. Schweri, Juerg & Hartog, Joop & Wolter, Stefan C., 2011. "Do students expect compensation for wage risk?," Economics of Education Review, Elsevier, vol. 30(2), pages 215-227, April.
    4. Stephen Ross & Paul Taubman & Michael L. Wachter, 1981. "Learning by Observing and the Distribution of Wages," NBER Chapters, in: Studies in Labor Markets, pages 359-386, National Bureau of Economic Research, Inc.
    5. Migali, Giuseppe, 2012. "Funding higher education and wage uncertainty: Income contingent loan versus mortgage loan," Economics of Education Review, Elsevier, vol. 31(6), pages 871-889.
    6. Christiansen, Charlotte & Nielsen, Helena Skyt, 2002. "The Educational Asset Market: A Finance Perspective on Human Capital Investment," Working Papers 02-10, University of Aarhus, Aarhus School of Business, Department of Economics.
    7. Flachaire, Emmanuel & Nunez, Olivier, 2007. "Estimation of the income distribution and detection of subpopulations: An explanatory model," Computational Statistics & Data Analysis, Elsevier, vol. 51(7), pages 3368-3380, April.
    8. Stacey H. Chen, 2003. "Estimating the Variance of Wages in the Presence of Selection and Unobservable Heterogeneity," Discussion Papers 03-01, University at Albany, SUNY, Department of Economics.
    9. Wölfel, Oliver & Heineck, Guido, 2012. "Parental risk attitudes and children's secondary school track choice," Economics of Education Review, Elsevier, vol. 31(5), pages 727-743.
    10. Emmanuel Flachaire & Olivier Nunez, 2007. "Estimation of income distribution and detection of subpopulations: an explanatory model," Post-Print halshs-00175923, HAL.
    11. Joop Hartog & Hans van Ophem & Simona Maria Bajdechi, 2004. "How Risky is Investment in Human Capital?," Tinbergen Institute Discussion Papers 04-080/3, Tinbergen Institute.
    12. Brodaty, Thomas & Gary-Bobo, Robert J. & Prieto, Ana, 2006. "Risk Aversion and Human Capital Investment: A Structural Econometric Model," CEPR Discussion Papers 5694, C.E.P.R. Discussion Papers.
    13. Migali, Giuseppe, 2006. "Funding Higher Education and Wage Uncertainty: Income Contingent Loan Versus Mortgate Loan," The Warwick Economics Research Paper Series (TWERPS) 740, University of Warwick, Department of Economics.
    14. Brodaty, Thomas & Gary-Bobo, Robert J. & Prieto, Ana, 2014. "Do risk aversion and wages explain educational choices?," Journal of Public Economics, Elsevier, vol. 117(C), pages 125-148.
    15. Vanessa Hartlaub & Thorsten Schneider, 2012. "Educational Choice and Risk Aversion: How Important Is Structural vs. Individual Risk Aversion?," SOEPpapers on Multidisciplinary Panel Data Research 433, DIW Berlin, The German Socio-Economic Panel (SOEP).
    16. Luis Diaz‐Serrano & Joop Hartog & Helena Skyt Nielsen, 2008. "Compensating Wage Differentials for Schooling Risk in Denmark," Scandinavian Journal of Economics, Wiley Blackwell, vol. 110(4), pages 711-731, December.
    17. Nevine Mokhtar Eid, 2008. "The Capital Asset Pricing Model: An Application on the Efficiency of Financing Higher Public Education in Egypt," Working Papers 8, The German University in Cairo, Faculty of Management Technology.
    18. Shaw, Kathryn L, 1996. "An Empirical Analysis of Risk Aversion and Income Growth," Journal of Labor Economics, University of Chicago Press, vol. 14(4), pages 626-653, October.
    19. Eckel, Catherine & Johnson, Cathleen & Montmarquette, Claude, 2013. "Human capital investment by the poor: Informing policy with laboratory experiments," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 224-239.
    20. Diana Weinhold & Paul J. Zak, 2005. "The Choice of Institutions: The Role of Risk and Risk-Aversion," Others 0508004, University Library of Munich, Germany.
    21. repec:eee:labchp:v:1:y:1986:i:c:p:641-692 is not listed on IDEAS
    22. Stacey Chen, 2001. "Is Investing in College Education Risky?," Discussion Papers 01-09, University at Albany, SUNY, Department of Economics.
    23. Brown, James N & Rosen, Harvey S, 1987. "Taxation, Wage Variation, and Job Choice," Journal of Labor Economics, University of Chicago Press, vol. 5(4), pages 430-451, October.
    24. James Ang & Rebel Cole & Daniel Lawson, 2010. "The Role of Owner in Capital Structure Decisions: An Analysis of Single-Owner Corporations," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 14(3), pages 1-36, Fall.

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