Is earnings uncertainty relevant for educational choice? An empirical analysis for China

Authors
Publication date 2014
Journal Education Economics
Volume | Issue number 22 | 5
Pages (from-to) 471-483
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract We use the method of Dominitz and Manski [1996. Eliciting student expectations of the return to schooling. Journal of Human Resources 31, no. 1: 1-26] 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.
Document type Article
Language English
Published at https://doi.org/10.1080/09645292.2012.688580
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