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Direct linkAltonji, Joseph G.; Blom, Erica; Meghir, Costas – Annual Review of Economics, 2012
Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and postsecondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation choice that stresses the roles of the specificity of…
Descriptors: Human Capital, Labor Market, Outcomes of Education, Majors (Students)
Altonji, Joseph G.; Blom, Erica; Meghir, Costas – National Bureau of Economic Research, 2012
Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and post-secondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation choice that stresses the roles of specificity of human…
Descriptors: Majors (Students), Human Capital, High Schools, Labor Market
