| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21300 |
| 来源ID | Working Paper 21300 |
| The Effects of Earnings Disclosure on College Enrollment Decisions | |
| Justine Hastings; Christopher A. Neilson; Seth D. Zimmerman | |
| 发表日期 | 2015-06-22 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We use a large-scale survey and field experiment to evaluate a policy that provided information about college- and major-specific earnings and cost outcomes to college applicants in Chile. The intervention was administered by the Chilean government and reached 30% of student loan applicants. We show that the low-income and low-achieving students who apply to low-earning college degree programs overestimate earnings for past graduates by over 100%, while beliefs for high-achieving students are correctly centered. Treatment causes low-income students to reduce their demand for low-return degrees by 4.6%, and increases the likelihood they remain in college for at least four years. To understand the mechanisms driving the effect of disclosure policies we estimate a model of college demand. We find that disclosure changes college choice by reducing uncertainty about earnings outcomes, but that its impact is limited by strong student preferences for non-pecuniary degree attributes. |
| 主题 | Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w21300 |
| 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/578973 |
| 推荐引用方式 GB/T 7714 | Justine Hastings,Christopher A. Neilson,Seth D. Zimmerman. The Effects of Earnings Disclosure on College Enrollment Decisions. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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