Predicted Future Earnings and Choice of College Major
Dados Bibliográficos
| ID | 3489833 |
|---|---|
| Autores | Mark C Berger (autor correspondente) |
| Ano | 1988 |
| Volume | 41 |
| Fascículo | 3 |
| Páginas | 418 |
| Data de publicação | 1988-04-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | Industrial and Labor Relations Review (JOURNAL) |
| Identificadores do periódico | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Editora | JSTOR (PUBLISHER) |
| DOI | 10.2307/2523907 |
| OpenAlex | W4249742696 |
| Idioma | EN |
| Citações recebidas | 71 |
| Referências citadas | 19 |
Using Data from the National Longitudinal Survey of Young Men, the author of this paper examines the relationship between predicted future earnings for five broad fields of study and college students' choice of major. Conditional logit models of major choice that incorporate alternative predicted earnings variables are specified and estimated. The results indicate that, holding family background characteristics constant, individuals are likely to choose majors offering greater streams of future earnings rather than, as some have argued, majors with higher beginning earnings at the time of the choice. It is also found that earnings profiles corrected for self-selection bias have flattened for more recent graduates in business, liberal arts, and education. The life-cycle earnings in these disciplines appear to be more severely depressed than those in science and engineering
Demographic economics · Earnings · Econometrics · Economics · Higher education · Liberal arts education · Logit · Selection (genetic algorithm) · Selection bias · Statistics · Accounting · Computer Science · Education, Safety, and Science Studies · Educational Systems and Policies · Gender, Labor, and Family Dynamics · Higher Education Research Studies · Labor market dynamics and wage inequality · Mathematics · Psychology · Technology and Data Analysis
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Gender and Academic Specialties
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The Reluctant Economist. Perspectives on Economics, Economic History and Demography
Heterogeneity in Human Capital Investments
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Ability sorting and the returns to college major
How do young people choose college majors?
Determinants of College Major Choice
Post-Baccalaureate Wage Growth within Four Years of Graduation
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Understanding Influencers of College Major Decision
Stratified Trajectories
Heterogeneous Major Preferences for Extrinsic Incentives
Students’ perceptions, academic departments’ image, and major‐choice in business administration studies—The example of Hamburg Business School
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| Obras citantes distintas | 60 |
|---|---|
| Citações por ano | 2,22 |
| Intervalo de citações | 1994 - 2025 (32) |
| Velocidade de citação | recent |
| Altamente citado | Não |
| Tipos de citação | Neutras: 60 |