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
Authors:	Hartog, Joop ; Ding, Xiaohao ; Liao, Juan
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	wage expectations \| educational choice

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Series:	IZA Discussion Papers ; 5679
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	668200014 [GVK] hdl:10419/52044 [Handle]
Classification:	D8 - Information and Uncertainty ; I21 - Analysis of Education ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	EconStor

Persistent link: https://www.econbiz.de/10010278743