Risk and Returns to Education

Jeffrey Brown, Chichun Fang, Francisco Gomes

NBER Working Paper No. 18300
Issued in August 2012

---- Acknowledgements -----

We would like to thank Janice Eberly, Darren Lubotsky, George Pennachi, Jason Seligman, Moto Yogo, and seminar participants at the University of Illinois at Urbana-Champaign, the LERA Conference and the NBER meetings for helpful comments on this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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