Glocker, Daniela; Storck, Johanna - 2012 - This version: August 29, 2012
Micro Census, we estimate the risk and returns to around 70 fields of education and differentiate between vocational and … academic education. We identify fields of education that are efficient investment goods, i.e. high returns at a given level of … risk, and fields that are chosen for other (non-monetary) reasons. Furthermore, we rank fields of education by their return …