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Uncertainty, Education, and the School-to-Work Transition: Theory and Evidence from Brazil (2008)
Preprint / Working Paper
Guarcello, L., Rosati, F. C., & Scaramozzino, P. Uncertainty, Education, and the School-to-Work Transition: Theory and Evidence from Brazil

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... Read More about Uncertainty, Education, and the School-to-Work Transition: Theory and Evidence from Brazil.