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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23575 |
来源ID | Working Paper 23575 |
Risky Business? The Effect of Majoring in Business on Earnings and Educational Attainment | |
Rodney J. Andrews; Scott A. Imberman; Michael F. Lovenheim | |
发表日期 | 2017-07-17 |
出版年 | 2017 |
语种 | 英语 |
摘要 | One of the most important decisions a student can make during the course of his or her college career is the choice of major. The field of study a student selects translates directly into the types of skills and knowledge he or she will obtain during college, and it can influence the type of career chosen after postsecondary education ends. Business is one of the most popular majors in the US, accounting for 19% of all college degrees granted. We study the impact of choosing a business major using a regression discontinuity design that exploits GPA cutoffs for switching majors in some Texas universities. Even though nearly 60% of marginal business majors would have majored in a STEM field otherwise, we find large and statistically significant increases in earnings of 80% to 130% 12+ years after college entry, driven mainly by women. These are considerably larger than OLS estimates that condition on a rich set of demographic, high school achievement, and high school fixed-effects controls, which is consistent with students choosing majors based on comparative advantage. We do not find statistically significant effects of majoring in business on educational outcomes, except for positive effects on male 6-year graduation rates. |
主题 | Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w23575 |
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/581249 |
推荐引用方式 GB/T 7714 | Rodney J. Andrews,Scott A. Imberman,Michael F. Lovenheim. Risky Business? The Effect of Majoring in Business on Earnings and Educational Attainment. 2017. |
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 | ||
w23575.pdf(1359KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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