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• W3124604436 abstract "This paper develops and applies a method for decomposing cross section variability of earnings into components that are forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of variability in returns to schooling is forecastable. This has important implications for using measured variability to price risk and predict college attendance." @default.
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• W3124604436 date "2004-12-10" @default.
• W3124604436 modified "2023-10-03" @default.
• W3124604436 title "Separating uncertainty from heterogeneity in life cycle earnings" @default.
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• W3124604436 doi "https://doi.org/10.1093/oep/gpi019" @default.
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