¿Es el ingreso suficiente para explicar cambios en la elección de carrera?

Emanuel Vespa

Revista de Analisis Economico – Economic Analysis Review, 2005, vol. 20, issue 2, 63-90

Abstract: By influencing her specific labor occupation choice major choices greatly condition the allocation of an individual's time. Previous economic analysis on the subject has emphasized monetary considerations affecting such a decision, but has been relatively less incisive regarding non pecuniary variables, which are precisely those that psychologists consider as relatively relevant. This paper shows that giving a greater role to non-pecuniary variables may vary and even contradict some previous considerations. In fact, when the non-pecuniary variable enters in the utility function it is shown that if abilities are absolute (being proficient in major i implies being proficient in all others), then average ability will not be affected; whereas, in the relative case, the rise in average ability may be indistinguishable.

Keywords: Undergraduate Major Choice; Dynamic Programming; Simulations (search for similar items in EconPapers)
JEL-codes: C15 C61 J24 (search for similar items in EconPapers)
Date: 2005
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