Inversión en educación en México: Rendimientos y riesgo

  • Nadyra Rodriguez Arias Autonomous University of Queretaro
  • Julia Hirsch Universidad Autónoma de Querétaro
  • Humberto Banda Ortiz Universidad Autónoma de Querétaro

Abstract

Schooling investment in Mexico: Returns and risk

To determine the convenience of investing in more years of education after graduating from high school, the aim is to analyze a scenario under uncertainty as well as the household valuation of risk given the US subprime bubble. By using real option value and expected utility the main results are: 1) The optimal choice is to invest in more years of education immediately after graduating from high school; 2) The expected utility of investing is higher for risk-averse households and 3) No important differences were found in the observed periods, except with the reduction in wages between 2009 and 2013.

Author Biographies

Julia Hirsch, Universidad Autónoma de Querétaro

Facultad de Contaduría y Administración - División de Estudios de Posgrado e Investigación

Profesora-Investigadora

Humberto Banda Ortiz, Universidad Autónoma de Querétaro

Facultad de Contaduría y Administración - División de Estudios de Posgrado e Investigación

Profesor-Investigador

Published
2020-04-27
How to Cite
Rodriguez Arias, N., Hirsch, J., & Banda Ortiz, H. (2020). Inversión en educación en México: Rendimientos y riesgo. Economic Analysis Review, 35(1), 3. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/586
Section
Articles