The Reliability of Students' Earnings Expectations

Arbeitspapier

Eliciting expectation and introducing probabilistic questions into surveys have gained important interest. In this study, we focus on the reliability of students earnings expectations. To what extent is observed log earnings expectations affected by random measurement error (noise)? A test-retest method is applied and reliability is found to be fairly low; about 0.59 in 2015 and about 0.67 in 2016. Particularly homogeneous samples exaggerate problems of measurement error. The analysis show how these measures of reliability can be adjusted to become more suitable to other studies, where different degrees of homogeneity are present.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 10700

Classification and Topics

• Classification: Wirtschaft ; Specific Distributions; Specific Statistics ; Survey Methods; Sampling Methods ; Returns to Education
• Subject: earnings expectations ; reliability ; measurement error

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Diaz-Serrano, Luis ; Nilsson, William
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/161323
• Last update: 10.03.2025, 11:43 AM CET