As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage … results confirm that subjective wage expectation data are useful in modeling individual choice. …

education and the impact of their ex ante wage expectations on college enrolment. The analysis contributes to a small developing … literature that uses subjective wage expectation data to predict education choice. We surveyed a full cohort of healthcare … starting wage when working as healthcare employee were more likely to enroll in a nursing college later on. This result …

We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving … parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample …

As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage … results confirm that subjective wage expectation data are useful in modeling individual choice. …

We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving … parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample …

We use a unique data set about the future wage distribution that Swiss students expect for themselves ex …-ante, suggesting that students use very little private information about their wage prospects. Expectations appear much more anchored … risk, as has been established with Risk Augmented Mincer earnings equations estimated on market data: higher wage risk for …