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option values, the internal rate of return - a cornerstone of classical human capital theory - is not a useful guide to …
Persistent link: https://www.econbiz.de/10012468966
This article reviews the recent literature on the determinants of college major choices. We first highlight long-term trends and persistent differences in college major choices by gender, race, and family background. We then review the existing research in six key areas: expected earnings and...
Persistent link: https://www.econbiz.de/10012481193
We use large-scale surveys of Chilean college applicants and college students to explore the way students form beliefs about earnings and cost outcomes at different institutions and majors and how these beliefs relate to degree choice and persistence. Linking our survey records to administrative...
Persistent link: https://www.econbiz.de/10012457337
should be small on impact---raising only the wages of workers bound by the minimum wage---and grow over time as workers … slowly move up the job ladder. Guided by my theory, I present evidence that these dynamic effects are present and powerful …. Estimated at the national level, I show that minimum wages---together with supply and demand---play a central role in shaping …
Persistent link: https://www.econbiz.de/10014247949
In this paper we analyze whether the gender composition of classmates in high school affects the choice of college-major by shifting it towards those majors preferred by the prevalent gender in the class. We use a novel dataset of 30,000 Italian students graduated from high school between 1985...
Persistent link: https://www.econbiz.de/10012459918
In the late 1930s, the NAACP launched a campaign to equalize Black and white teacher salaries in the de jure segregated schools of the American South. Using newly collected county panel data spanning three decades, this paper first documents heterogeneous within-state impacts of the campaign on...
Persistent link: https://www.econbiz.de/10013462680
affect wages, albeit indirectly, though it would appear that any racial differences in wages are due to differences in …
Persistent link: https://www.econbiz.de/10012468626
Previous research has found evidence that wages in industries characterized as high tech,' or subject to higher rates … positive relationships between technological change and wages, and between technological change and the education premium. We …
Persistent link: https://www.econbiz.de/10012472883
--that reduces wages in future occupations. Mismatch also predicts different aspects of occupational switching behavior. We construct … best-matched decile can improve wages by 11% per year for the rest of one's career …
Persistent link: https://www.econbiz.de/10012457292
In this paper, we study ability peer effects in secondary schools in England and identify which segments of the peer ability distribution drive the impact of peer quality on students‟ achievements. To do so, we use census data for four cohorts of pupils taking their age-14 national tests, and...
Persistent link: https://www.econbiz.de/10012463049