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Preferences and biases in educational choices and labor market expectations
by
Reuben, Ernesto
, Zafar, Basit
, Wiswall, Matthew
in
Berufserwartung
/ Berufswahl
/ Einkommenserwartung
/ Geschlechtsspezifik
/ Persönlichkeitsmerkmal
/ Präferenz
/ Risikobereitschaft
/ Selbstbewusstsein
/ Student
/ Studienwahl
/ USA
/ Wettbewerbsfähigkeit
2017
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Preferences and biases in educational choices and labor market expectations
by
Reuben, Ernesto
, Zafar, Basit
, Wiswall, Matthew
in
Berufserwartung
/ Berufswahl
/ Einkommenserwartung
/ Geschlechtsspezifik
/ Persönlichkeitsmerkmal
/ Präferenz
/ Risikobereitschaft
/ Selbstbewusstsein
/ Student
/ Studienwahl
/ USA
/ Wettbewerbsfähigkeit
2017
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Do you wish to request the book?
Preferences and biases in educational choices and labor market expectations
by
Reuben, Ernesto
, Zafar, Basit
, Wiswall, Matthew
in
Berufserwartung
/ Berufswahl
/ Einkommenserwartung
/ Geschlechtsspezifik
/ Persönlichkeitsmerkmal
/ Präferenz
/ Risikobereitschaft
/ Selbstbewusstsein
/ Student
/ Studienwahl
/ USA
/ Wettbewerbsfähigkeit
2017
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Preferences and biases in educational choices and labor market expectations
Journal Article
Preferences and biases in educational choices and labor market expectations
2017
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Overview
Using an experiment to measure overconfidence and preferences for competitiveness and risk, this article investigates whether these measures explain gender differences in college major choices and expected future earnings. We find that individuals who are overconfident and overly competitive expect to earn significantly more. In addition, gender differences in overconfidence and competitiveness explain 18% of the gender gap in earnings expectations. These experimental measures explain as much of the gender gap in earnings expectations as a rich set of control variables. While expected earnings are related to college major choices, the experimental measures are not related with college major choice.
Publisher
Oxford University Press
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