Documents de treball producció científicaUniversitat Rovira i Virgili. Departament d'Economia

Student earnings expectations: Heterogeneity or noise?

  • Identification data

    Identifier:  PC:2322
    Authors:  Yang, Po; Ophem, Hans van; Nilsson, William; Hartog, Joop; Díaz Serrano, Lluís
    Abstract:
    Students’ choices in education can only be based on expected outcomes. Econometric models that infer expectations based on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings. Direct surveys suggest much ignorance and fuzziness. We use survey data on expectations in four universities in three countries and check for relations of expected probability to graduate and of expected earnings with personal abilities and attitudes. We find that most of the difference in expectations among individuals is just noise. Keywords: Student expectations; earnings; earnings dispersion; risk attitudes. JEL Codes: I21; I26; J24; D83
  • Others:

    Publisher: Universitat Rovira i Virgili. Departament d'Economia
    Date: 2016
    Identifier: http://hdl.handle.net/2072/267265
    Departament/Institute: Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública, Universitat Rovira i Virgili. Departament d'Economia
    Language: eng
    Author: Yang, Po, Ophem, Hans van, Nilsson, William, Hartog, Joop, Díaz Serrano, Lluís
    Relation: Documents de treball del Departament d'Economia;2016-25
    Source: RECERCAT (Dipòsit de la Recerca de Catalunya)
    Format: 59 p.
  • Keywords:

    37 - Educació. Ensenyament. Formació. Temps lliure
    331 - Treball. Relacions laborals. Ocupació. Organització del treball
    Orientació professional
    Educació -- Models matemàtics
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