Do they understand the benefits from education? Evidence on Dutch high school students' earnings expectations

Arbeitspapier

Using an internet collected dataset, we will provide some empirical evidence on the information that Dutch high school students possess before their decision on tertiary education participation. The sample is prone to selective participation and high attrition, but we detect little systematic effects and inconsistent reporting of probability distribution is not more frequent than in controlled settings. We find little support for patterns that one would expect from individuals having private information. Girls expect substantially lower earnings in all schooling scenarios, but implicit rate of returns do not differ from those anticipated by boys. We find no evidence of expected risk compensation.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 5714

Classification and Topics

• Classification: Wirtschaft ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials ; Education and Research Institutions: General
• Subject: wage expectations ; wage risk ; risk compensation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mazza, Jacopo ; Hartog, Joop
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/51625
• URN: urn:nbn:de:101:1-201105306409
• Last update: 10.03.2025, 11:45 AM CET