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"This paper examines the determinants of the choice of field of study by university students using data from the Canadian National Graduate Survey. The sample of 18,708 graduates holding a Bachelor degree is interesting in itself knowing that these students completed their study and thus represent a pool of high quality individuals. What impact expected post-graduation lifetime earnings have in choosing their field of study respectively to their non pecuniary preferences? Are these individuals less or more influenced by monetary incentives on their decision than was found in previous literature with samples of university students not all completing their studies successfully? Unlike existing studies, we account for the probability that students will be able to find employment related to their field of study when evaluating lifetime earnings after graduation. The parameters that drive students' choices of fields of study are estimated using a mixed multinomial logit model applied to seven broadly defined fields. Results indicate that the weight put by a student on initial earnings and earnings' rate of growth earnings depends upon the education level of the parent of the same gender. Surprisingly, lifetime earnings have no statistically significant impact when the parent of the same gender as the student has a university education. Results show that men are, in general, more sensitive than women to initial income variations, whilst women are more sensitive than men to the earnings' rate of growth variations. Marital status, enrolment status and the vocation identified with each field of study are influential factors in students' choices. From a policy perspective, a substantial increase in lifetime earnings, while all other factors remain constant, would be necessary to draw students into fields of study they are not inclined to choose initially"--Forschungsinstitut zur Zukunft der Arbeit web site.
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Subjects
College students, Wages, Effect of education onPlaces
CanadaEdition | Availability |
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1
Choice of fields of study of Canadian university graduates: the role of gender and their parents' education
2007, IZA
Electronic resource
in English
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Book Details
Edition Notes
Title from PDF file as viewed on 3/19/2007.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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The Physical Object
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Feedback?December 19, 2020 | Edited by MARC Bot | import existing book |
January 21, 2010 | Edited by WorkBot | add subjects and covers |
December 11, 2009 | Created by WorkBot | add works page |