Semantic Scholar
Open Access
2020
87 sitasi
Ex Ante Returns and Occupational Choice
Peter S. Arcidiacono
V. Hotz
Arnaud Maurel
Teresa Romano
Abstrak
Using data from Duke University undergraduates, we make three main contributions to the literature. First, we show that data on earnings beliefs and probabilities of choosing particular occupations are highly informative of future earnings and occupations. Second, we show how beliefs data can be used to recover ex ante treatment effects and their relationship with individual choices. We find large differences in expected earnings across occupations and provide evidence of sorting on expected gains. Finally, nonpecuniary factors play an important role, with a sizable share of individuals willing to give up substantial amounts of earnings by not choosing their highest-paying occupation.
Topik & Kata Kunci
Penulis (4)
P
Peter S. Arcidiacono
V
V. Hotz
A
Arnaud Maurel
T
Teresa Romano
Akses Cepat
Informasi Jurnal
- Tahun Terbit
- 2020
- Bahasa
- en
- Total Sitasi
- 87×
- Sumber Database
- Semantic Scholar
- DOI
- 10.1086/710559
- Akses
- Open Access ✓