2006, English, Article edition: Can risk aversion explain schooling attainments? evidence from Italy [electronic resource] / by Christian Belzil, Marco Leonardi. Belzil, Christian.

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/22939614
Published
  • Bonn, Germany : IZA, [2006]
Language
  • English

Edition details

Title
  • Can risk aversion explain schooling attainments? evidence from Italy /​ by Christian Belzil, Marco Leonardi.
Author
  • Belzil, Christian.
Other Authors
  • Leonardi, Marco.
Published
  • Bonn, Germany : IZA, [2006]
Medium
  • [electronic resource]
Series
Subjects
Summary
  • "Using unique Italian panel data, in which individual differences in behavior toward risk are measured from answers to a lottery question, we investigate if (and to what extent) risk aversion can explain differences in schooling attainments. We formulate the schooling decision process as a reduced-form dynamic discrete choice. The model is estimated with a degree of flexibility virtually compatible with semi-parametric likelihood techniques. We analyze how grade transition from one level to the next varies with preference heterogeneity (risk aversion), parental human capital, socioeconomic variables and persistent unobserved (to the econometrician) heterogeneity. We present evidence that schooling continuation probabilities decrease with risk aversion at low grade levels, but increase with risk aversion at the time when the decision to enter higher education is made. However, differences in attitudes toward risk account for a modest portion of the probability of entering higher education. Differences in parental human capital and ability(ies) are much more important"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes
  • Title from PDF file as viewed on 5/​17/​2006.
  • Includes bibliographical references.
  • Also available in print.
Technical Details
  • System requirements: Adobe Acrobat Reader
  • Mode of access: World Wide Web
Language
  • English
Libraries Australia ID
Contributed by
Libraries Australia

Get this edition

None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment