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Do They Understand the Benefits from Education? Evidence on Dutch High School Students' Earnings Expectations

Mazza, Jacopo - 2011

students possess before their decision on tertiary education participation. The sample is prone to selective participation and …

Persistent link: https://www.econbiz.de/10013124778

Is Earnings Uncertainty Relevant for Educational Choice? An Empirical Analysis for China

Hartog, Joop - 2011

We use the method of Dominitz and Manski (1996) to solicit anticipated wage distributions for continuing to a Master degree or going to work after completing the Bachelor degree. The means of the distributions have an effect on intention to continue as predicted by theory. The dispersions in...

Persistent link: https://www.econbiz.de/10013125451

Do Wage Expectations Influence the Decision to Enroll in Nursing College?

Schweri, Juerg - 2015

As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage …. This suggests that policies that increase returns from studying nursing can attract students to nursing. In addition, the …

Persistent link: https://www.econbiz.de/10013016374

Vocational High School Graduate Wage Gap : The Role of Cognitive Skills and Firms

Hartog, Joop - 2018

Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to...

Persistent link: https://www.econbiz.de/10012917104

Unobserved Heterogeneity and Risk in Wage Variance : Does Schooling Provide Earnings Insurance?

Mazza, Jacopo - 2011

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...

Persistent link: https://www.econbiz.de/10013129090

Nash Bargaining and the Wage Consequences of Educational Mismatches

Hartog, Joop - 2012

The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...

Persistent link: https://www.econbiz.de/10013096772

A Risk Augmented Mincer Earnings Equation? Taking Stock

Hartog, Joop - 2009

We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage...

Persistent link: https://www.econbiz.de/10013155555

Do Students Expect Compensation for Wage Risk?

Schweri, Juerg - 2009

We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample … risk as expected by students we find compensation at similar elasticities as observed in market data. The results are …

Persistent link: https://www.econbiz.de/10012764231