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(Incorrect) Perceived Returns and Strategic Behavior among Talented Low-Income College Graduates

Author

Listed:
  • Jorge M. Agüero

    (University of Connecticut)

  • Francisco Galarza

    (Universidad del Pacifico)

  • Gustavo Yamada

    (Universidad del Pacifico)

Abstract

Job applicants use resumes to send signals to potential employers. Applicants are free to select the items that go in their resumes and are expected to include signals they perceive will help them achieve their goals and avoid those that they anticipate could hurt them. We show that 92% of beneficiaries of a highly selective scholarship for poor and talented students avoid listing this award when applying for jobs. This is consistent with beneficiaries perceiving a negative labor market return from sending that signal. A correspondence study shows instead that listing the scholarship increases call back rates by 20%.

Suggested Citation

  • Jorge M. Agüero & Francisco Galarza & Gustavo Yamada, 2023. "(Incorrect) Perceived Returns and Strategic Behavior among Talented Low-Income College Graduates," Working papers 2023-01, University of Connecticut, Department of Economics.
    • Handle: RePEc:uct:uconnp:2023-01
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    References listed on IDEAS

    as
    1. Raffi E. García & William A. Darity Jr., 2022. "Self-Reporting Race in Small Business Loans: A Game-Theoretic Analysis of Evidence from PPP Loans in Durham, NC," AEA Papers and Proceedings, American Economic Association, vol. 112, pages 299-302, May.
    2. Jorge M. Agüero & Francisco B. Galarza & Gustavo Yamada, 2020. "Do Inclusive Education Policies Improve Employment Opportunities? Evidence from a Field Experiment," Working Papers 177, Peruvian Economic Association.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    perceived returns; strategic behavior; job seeking;
    All these keywords.

    JEL classification:

    • C9 - Mathematical and Quantitative Methods - - Design of Experiments
    • J1 - Labor and Demographic Economics - - Demographic Economics

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