Analysis and Exploration Robust Human Capital Investment

This repository contains scripts for the analysis of Robust Human Capital Analysis.

Structure

• run_robustness.py executes the pre-defined analysis.
• robustness_library.py contains functions to evaluate the effects no, low, and high ambiguity on years of experience in a certain occupation and expected utility loss.

Making it work

Execute the following commands (within current working directory robustness)

• $ mpiexec -n 1 -usize 3 python run_robustness.py for Ubuntu / Windows user
• $ mpiexec.hydra -n 1 -usize 3 python run_robustness.py MacOS user