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This paper studies the determinants of college major choice using a unique "information" experiment embedded in a survey. We first ask respondents their self-beliefs - beliefs about their own expected earnings and other major-specific outcomes conditional on various majors, their population...
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This paper studies the determinants of college major choice using a unique “information” experiment embedded in a survey. We first ask respondents their self-beliefs - beliefs about their own expected earnings and other major-specific outcomes conditional on various majors, their population...
Persistent link: https://www.econbiz.de/10013122806
Persistent link: https://www.econbiz.de/10012219622
This paper studies the determinants of college major choice using a unique information experiment embedded in a survey. We first ask respondents their self beliefs, population beliefs, as well as their subjective beliefs. After eliciting these baseline beliefs, we provide students with...
Persistent link: https://www.econbiz.de/10014179487
This paper studies the determinants of college major choice using an experimentally generated panel of beliefs, obtained by providing students with information on the true population distribution of various major-specific characteristics. Students logically revise their beliefs in response to...
Persistent link: https://www.econbiz.de/10014042735
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/10014094630
Despite a robust college premium, college attendance rates in the US have remained stagnant and exhibit a substantial socioeconomic gradient. We focus on information gaps - specifically, incomplete information about college benefits and costs - as a potential explanation for these patterns. For...
Persistent link: https://www.econbiz.de/10011376217
Despite a robust college premium, college attendance rates in the United States have remained stagnant and exhibit a substantial socioeconomic gradient. We focus on information gaps - specifically, incomplete information about college benefits and costs - as a potential explanation for these...
Persistent link: https://www.econbiz.de/10011338830