| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15729 |
| 来源ID | Working Paper 15729 |
| Modeling College Major Choices using Elicited Measures of Expectations and Counterfactuals | |
| Peter Arcidiacono; V. Joseph Hotz; Songman Kang | |
| 发表日期 | 2010-02-11 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | The choice of a college major plays a critical role in determining the future earnings of college graduates. Students make their college major decisions in part due to the future earnings streams associated with the different majors. We survey students about what their expected earnings would be both in the major they have chosen and in counterfactual majors. We also elicit students' subjective assessments of their abilities in chosen and counterfactual majors. We estimate a model of college major choice that incorporates these subjective expectations and assessments. We show that both expected earnings and students' abilities in the different majors are important determinants of student's choice of a college major. We also show that students' forecast errors with respect to expected earnings in different majors is potentially important, with our estimates suggesting that 7.5% of students would switch majors if they made no forecast errors. |
| 主题 | Health, Education, and Welfare ; Education |
| URL | https://www.nber.org/papers/w15729 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573403 |
| 推荐引用方式 GB/T 7714 | Peter Arcidiacono,V. Joseph Hotz,Songman Kang. Modeling College Major Choices using Elicited Measures of Expectations and Counterfactuals. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15729.pdf（274KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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