Is Earnings Uncertainty Relevant for Educational Choice? An Empirical Analysis for China

We use the method of Dominitz and Manski (1996) to solicit anticipated wage distributions for continuing to a Master degree or going to work after completing the Bachelor degree. The means of the distributions have an effect on intention to continue as predicted by theory. The dispersions in these individual distributions have no effect on intention to continue, suggesting that anticipated earnings risk does not play a role in the decision.

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Year of publication:	2011-04
Authors:	Hartog, Joop ; Ding, Xiaohao ; Liao, Juan
Institutions:	Institute for the Study of Labor (IZA)
Subject:	educational choice \| wage expectations

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 5679 21 pages
Classification:	D8 - Information and Uncertainty ; I21 - Analysis of Education ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009003948