G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w17985
来源IDWorking Paper 17985
Heterogeneity in Human Capital Investments: High School Curriculum, College Major, and Careers
Joseph G. Altonji; Erica Blom; Costas Meghir
发表日期2012-04-12
出版年2012
语种英语
摘要Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and post-secondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation choice that stresses the roles of specificity of human capital and uncertainty about preferences, ability, education outcomes, and labor market returns. The model implies an important distinction between the ex ante and ex post returns to education decisions. We also discuss some of the econometric difficulties in estimating the causal effects of field of study on wages in the context of a sequential choice model with learning. Finally, we review the empirical literature on choice of curriculum and the effects of high school courses and college major on labor market outcomes.
主题Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w17985
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575661
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Joseph G. Altonji,Erica Blom,Costas Meghir. Heterogeneity in Human Capital Investments: High School Curriculum, College Major, and Careers. 2012.
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