Matthew Wiswall () and
No 27645, NBER Working Papers from National Bureau of Economic Research, Inc
This article reviews the recent literature on the determinants of college major choices. We first highlight long-term trends and persistent differences in college major choices by gender, race, and family background. We then review the existing research in six key areas: expected earnings and ability sorting, learning, subjective expectations, non-pecuniary considerations, peer and family effects, and supply side factors. We examine and compare the various approaches employed by previous research and highlight key areas for future research.
JEL-codes: D81 D84 I21 I23 J10 (search for similar items in EconPapers)
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