Consumption value in higher education, the price of preferences
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Consumption value in higher education, the price of preferences (Bog, Hæftet, Engelsk)

Forlag: Rockwool Foundation Research Unit
Format: Hæftet
Sprog: Engelsk
Serietitel: Study paper
Sideantal: 29
Dato for udgivelse: 1-2-2018
Udgivelse: 1. udgave, 2018.
Nr. i serien: Bind: 123,
Medforfattere: Kristian Hedeager Bentsen, Jan Rose Skaksen
ISBN-13: 9788740831429
Produkt type: Bog
Illustrationsangivelser: ill.
År for denne udgave: 2018
Originalsprog: Engelsk
Udgave: 1
Oplag: 1

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Beskrivelse

This paper examines the price that individuals pay for choosing fields of study with high consumption value instead of choosing fields of study with higher future earnings. The institutional setting for further education in Denmark allows us to analyze a situation where all individuals included in our sample could have freely chosen fields within humanities and business, where access criteria were very equal fora long period of time. After controlling for a rich set of observable characteristics, including scores from a range of high-school courses, we find that individuals who chose to enroll in humanities gave up roughly 29 % of disposable income 10 years after enrollment for their choice of humanities instead of business.

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Consumption value in higher education, the price of preferences

Consumption value in higher education, the price of preferences