Expecting better? how young people form their earnings expectations
Education choices are made based on the expected returns to schooling. If individuals are badly informed, they may make inefficient choices. We directly elicit young people's subjective expectations at the age of 14-15 about earnings under different educational scenarios and find these predict...
| Main Authors: | , , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Institute of Labour Economics
2021
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