Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "expected idiosyncratic earnings"
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How do Young People Choose College Majors?
(Université de Montréal. Département de sciences économiques., 1997)Previous studies on the determinants of the choice of college major have assumed a constant probability of success across majors or a constant earnings stream across majors. Our model disregards these two restrictive assumptions in computing an expected ...