The role of heterogeneous risk preferences, discount rates, and earnings expectations in college major choice
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DOI: 10.1016/j.jeconom.2020.04.050
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- Arpita Patnaik & Joanna Venator & Matthew Wiswall & Basit Zafar, 2020. "The Role of Heterogeneous Risk Preferences, Discount Rates, and Earnings Expectations in College Major Choice," NBER Working Papers 26785, National Bureau of Economic Research, Inc.
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More about this item
Keywords
College majors; Risk preferences; Time preferences; Subjective expectations; Uncertainty;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
Statistics
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