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Labor Economics

Upjohn Institute Working Papers

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Higher education

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Biased Beliefs And Entry Into Scientific Careers, Ina Ganguli, Patrick Gaulé, Danijela Vuletić Čugalj Sep 2020

Biased Beliefs And Entry Into Scientific Careers, Ina Ganguli, Patrick Gaulé, Danijela Vuletić Čugalj

Upjohn Institute Working Papers

We investigate whether excessively optimistic beliefs play a role in the persistent demand for doctoral and postdoctoral training in science. We elicit the beliefs and career preferences of doctoral students through a novel survey and randomize the provision of structured information on the true state of the academic market and information through role models on nonacademic careers. One year later, both treatments lead students to update their beliefs about the academic market and impact career preferences. However, we do not find an effect on actual career outcomes two years postintervention.


Postsecondary Education As Triage: Returns To Academic And Technical Programs, Kevin M. Hollenbeck Apr 1992

Postsecondary Education As Triage: Returns To Academic And Technical Programs, Kevin M. Hollenbeck

Upjohn Institute Working Papers

This paper examines the labor market outcomes of individuals with various types of postsecondary educational experiences. In particular, it examines differences between students who have pursued technical education programs from those who have pursued academic programs and from those individuals who have not pursued any type of postsecondary education. Empirical evidence is presented concerning the relationship between economic outcomes and grades earned and the degree to which the labor market rewards credentials. Wage and earnings models yield different structural parameter estimates when based on the three different populations. The differences are most dramatic for high school background effects and for …