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Thorarinn G. Petursson received his Ph.D. degree in economics from Aarhus University, Denmark, in 1998. He has the M.S. degree in economics from the University of Essex in the UK in 1992 and a Cand. Oecon. degree in economics from the University of Iceland in 1991.
 education institution: Thorarinn G. Petursson, University of Essex
Given a phrase that describes the relationship between two words, extract the words and the lexical relationship between them. The output format should be "relation1: word1, word2; relation2: word3, word4". 
Option: place of death, place of birth, education degree, education institution 
Text: {0} 
Answer:
 education institution: Thorarinn G. Petursson, University of Essex