Moving beyond the STEM/non-STEM dichotomy: wage benefits to increasing the STEM-intensities of college coursework and occupational requirements
Audrey Light () and
Apoorva Rama
Education Economics, 2019, vol. 27, issue 4, 358-382
Abstract:
Using a sample of college graduates from the NLSY97, we introduce a new approach to assessing wage benefits of STEM training, STEM jobs, and the match between the two: rather than classify individuals dichotomously as STEM or non-STEM, we measure the STEM-intensities of both their college coursework and their occupational requirements. While the orthodox approach simply predicts that ‘STEM pays,’ we find that workers at the top of both gender-specific STEM-intensity distributions are predicted to out-earn their counterparts at the bottom by a substantial margin – even when we condition on their dichotomous STEM classification – but that predicted log-wages do not increase monotonically with STEM-intensity throughout the entire joint distribution.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:edecon:v:27:y:2019:i:4:p:358-382
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DOI: 10.1080/09645292.2019.1616078
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