Returns to Education and Risky Financial Investment

Sarah Brown (), Gaia Garino and Karl Taylor

No 2006012, Working Papers from The University of Sheffield, Department of Economics

Abstract: The aim of this paper is to explore the relationship between wages, human capital and investment in financial assets with risky returns at the individual level. To explore this relationship from an international perspective, we analyse individual level data from the British Household Panel Survey, the German Socio-Economic Panel and the U.S. Panel Study of Income Dynamics. Our findings suggest that investment in financial assets with risky returns is positively associated with returns to human capital investment.

Keywords: Education; Financial Investment; Human Capital; Wages. (search for similar items in EconPapers)
JEL-codes: J24 J30 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2006-10, Revised 2006-10
New Economics Papers: this item is included in nep-edu and nep-hrm
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