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

Joop Hartog; Xiaohao Ding; Juan Liao

doi:10.1080/09645292.2012.688580

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

Joop Hartog^*
, Xiaohao Ding
, Juan Liao

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

3 Citations (Scopus)

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.

Original language	English
Pages (from-to)	471-483
Number of pages	13
Journal	Education Economics
Volume	22
Issue number	5
DOIs	https://doi.org/10.1080/09645292.2012.688580
Publication status	Published - Sept 2014
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities

Keywords

Educational choice
Wage expectations

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10.1080/09645292.2012.688580

Cite this

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title = "Is earnings uncertainty relevant for educational choice? An empirical analysis for China",

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.",

keywords = "Educational choice, Wage expectations",

author = "Joop Hartog and Xiaohao Ding and Juan Liao",

note = "Funding Information: Hartog gratefully acknowledges financial support from the Spanish Ministry of Education (grant\# ECO2010-20829). Valuable comments were given by the editor and two anonymous referees. Copyright: Copyright 2014 Elsevier B.V., All rights reserved.",

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AU - Hartog, Joop

AU - Ding, Xiaohao

AU - Liao, Juan

N1 - Funding Information: Hartog gratefully acknowledges financial support from the Spanish Ministry of Education (grant# ECO2010-20829). Valuable comments were given by the editor and two anonymous referees. Copyright: Copyright 2014 Elsevier B.V., All rights reserved.

PY - 2014/9

Y1 - 2014/9

N2 - 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.

AB - 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.

KW - Educational choice

KW - Wage expectations

UR - https://www.scopus.com/pages/publications/84903961512

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DO - 10.1080/09645292.2012.688580

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VL - 22

SP - 471

EP - 483

JO - Education Economics

JF - Education Economics

IS - 5

ER -

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

Abstract

UN SDGs

Keywords

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