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ERIC Number: EJ781050
Record Type: Journal
Publication Date: 2007-Dec
Pages: 13
Abstractor: Author
Reference Count: 0
ISSN: ISSN-0272-7757
Schools, Skills and Risk
Hartog, Joop; Vijverberg, Wim
Economics of Education Review, v26 n6 p758-770 Dec 2007
Skill development involves important choices for individuals and school designers: should individuals and schools specialize, or should they aim for an optimal combination of skills? We analyze this question by employing mean-standard deviation analysis and show how cost structure, benefit structure and risk attitudes jointly determine the optimal investment strategy. With combined data from DOT and CPS, we establish an upward sloping mean-variance opportunity frontier in skills space.
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A