EconPapers    
Economics at your fingertips  
 

Do They Understand the Benefits from Education? Evidence on Dutch High School Students’ Earnings Expectations

Jacopo Mazza () and Joop Hartog

No 5714, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: 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.

Keywords: wage expectations; wage risk; risk compensation (search for similar items in EconPapers)
JEL-codes: J24 J31 I20 (search for similar items in EconPapers)
Pages: 61 pages
Date: 2011-05
New Economics Papers: this item is included in nep-edu, nep-eur and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://ftp.iza.org/dp5714.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp5714

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().

 
Page updated 2020-07-31
Handle: RePEc:iza:izadps:dp5714