| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22325 |
| 来源ID | Working Paper 22325 |
| College Attrition and the Dynamics of Information Revelation | |
| Peter Arcidiacono; Esteban Aucejo; Arnaud Maurel; Tyler Ransom | |
| 发表日期 | 2016-06-13 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | This paper investigates the role played by informational frictions in college and the workplace. We estimate a dynamic structural model of schooling and work decisions, where individuals have imperfect information about their schooling ability and labor market productivity. We take into account the heterogeneity in schooling investments by distinguishing between two- and four-year colleges, graduate school, as well as science and non-science majors for four-year colleges. Individuals may also choose whether to work full-time, part-time, or not at all. A key feature of our approach is to account for correlated learning through college grades and wages, whereby individuals may leave or re-enter college as a result of the arrival of new information on their ability and productivity. Our findings indicate that the elimination of informational frictions would increase the college graduation rate by 9 percentage points, and would increase the college wage premium by 32.7 percentage points through increased sorting on ability. |
| 主题 | Econometrics ; Estimation Methods ; Microeconomics ; Economics of Information ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w22325 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579998 |
| 推荐引用方式 GB/T 7714 | Peter Arcidiacono,Esteban Aucejo,Arnaud Maurel,et al. College Attrition and the Dynamics of Information Revelation. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22325.pdf（485KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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