Lorenzo Guarcello
Uncertainty, Education, and the School-to-Work Transition: Theory and Evidence from Brazil
Guarcello, Lorenzo; Rosati, Furio Camillo; Scaramozzino, Pasquale
Abstract
This paper develops a model of investment in education and school-to-work transition under uncertainty. The main predictions of the model are tested for Brazilian households using PNAD data. Increased uncertainty on labour market outcomes is shown to be associated with higher levels of schooling by young people, consistent with a real options approach to education as an investment.
Citation
Guarcello, L., Rosati, F. C., & Scaramozzino, P. Uncertainty, Education, and the School-to-Work Transition: Theory and Evidence from Brazil
Working Paper Type | Discussion Paper |
---|---|
Deposit Date | Feb 26, 2010 |
Pages | 1-22 |
Publisher URL | https://www.eldis.org/document/A38481 |
You might also like
Debt and Financial Fragility: Italian Non-Financial Companies after the Pandemic
(2024)
Journal Article
The Public Finance Position of Immigrants in Europe: A Quantile Regression Approach
(2023)
Journal Article
Dividends Policy and Payouts: Evidence from South Africa
(2023)
Preprint / Working Paper
Gains from Variety: Refugee-Host Interactions in Uganda
(2023)
Preprint / Working Paper
Debt and Financial Fragility: Italian Non-Financial Companies after the Pandemic
(2023)
Preprint / Working Paper
Downloadable Citations
About SOAS Research Online
Administrator e-mail: outputs@soas.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2025
Advanced Search