Should English majors take computer science courses? Labor market benefits of the occupational specificity of major and nonmajor college credits
Audrey Light and
Sydney Schreiner Wertz
Economics of Education Review, 2022, vol. 88, issue C
Abstract:
Using administrative data for college graduates, we model earnings and employment probabilities as functions of a credit-weighted index of the occupational specificity of college coursework, decomposed into within-major, within-discipline (but outside the major), and nondisciplinary components. We define the occupational specificity of each college field as the likelihood that a student majoring in that field subsequently works in an occupation requiring specific skills acquired in the field. We find that occupationally-specific, non-disciplinary courses are strongly associated with earnings; e.g., a five percentage-point shift among English majors from their least occupationally-specific courses outside the humanities to computer science is associated with a 0.055 increase in log-earnings.
Keywords: Educational economics; Human capital; Rate of return; Salary wage differentials; College coursework (search for similar items in EconPapers)
JEL-codes: I23 I26 J24 J31 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:88:y:2022:i:c:s0272775722000401
DOI: 10.1016/j.econedurev.2022.102263
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