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Arcidiacono, Peter; Hotz, V. Joseph; Kang, Songman – National Bureau of Economic Research, 2010
The choice of a college major plays a critical role in determining the future earnings of college graduates. Students make their college major decisions in part due to the future earnings streams associated with the different majors. We survey students about what their expected earnings would be both in the major they have chosen and in…
Descriptors: Majors (Students), College Graduates, Prediction, Higher Education
DeGiorgi, Giacomo; Pellizzari, Michele; Redaelli, Silvia – National Bureau of Economic Research, 2009
In this paper we investigate whether peers' behavior influences the choice of college major, thus contributing to the mismatch of skills in the labor market. Using a newly constructed dataset, we are able to identify the endogenous effect of peers on such decisions through a novel identification strategy that solves the common econometric problems…
Descriptors: Peer Influence, Majors (Students), Selection, Labor Market