Student Earnings Expectations: Heterogeneity or Noise?

Students' choices in education can only be based on expected outcomes. Econometric models that infer expectations based on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings. Direct surveys suggest much ignorance and fuzziness. We use...

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Bibliographic details
Volume: 6110
Main Author: Diaz-Serrano, Luis
Hartog, Joop
Nilsson, William
van Ophem, Hans
Yang, Po
Format: Paper
Language: English
Place of publication: Munich Center for Economic Studies and Ifo Institute (CESifo) 2016
published in: CESifo Working Paper Vol. 6110
Data of publication: 2016
Subjects:
Online Access: Fulltext
Database: EconStor
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