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...
van Ophem, Hans
|Place of publication:||
Munich Center for Economic Studies and Ifo Institute (CESifo) 2016
|published in:||CESifo Working Paper Vol. 6110|
|Data of publication:||2016|
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