IDEAS home Printed from https://ideas.repec.org/a/ucp/jpolec/doi10.1086-732526.html
   My bibliography  Save this article

College Attrition and the Dynamics of Information Revelation

Author

Listed:
  • Peter Arcidiacono
  • Esteban Aucejo
  • Arnaud Maurel
  • Tyler Ransom

Abstract

We examine how informational frictions impact schooling and work outcomes by estimating a dynamic structural model where individuals face uncertainty about their academic ability and productivity, which determine their schooling utility and wages. We account for different college types, majors, occupational search frictions, and work hours. Individuals learn from grades and wages, which may affect their choices. Removing informational frictions would increase graduation by 4.4 percentage points and by an additional 2 points without search frictions. Providing students with full information about their abilities would increase the college and white-collar wage premia while reducing the graduation gap by family income.

Suggested Citation

  • Peter Arcidiacono & Esteban Aucejo & Arnaud Maurel & Tyler Ransom, 2025. "College Attrition and the Dynamics of Information Revelation," Journal of Political Economy, University of Chicago Press, vol. 133(1), pages 53-110.
    • Handle: RePEc:ucp:jpolec:doi:10.1086/732526
    DOI: 10.1086/732526
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/732526
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: http://dx.doi.org/10.1086/732526
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: https://libkey.io/10.1086/732526?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:jpolec:doi:10.1086/732526. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/JPE .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.