mobility-sequence

Mobility: Field

[ Part of a sequence of posts on income mobility ]

Chile

Since we discussed this in the last post, let's start with the Chilean study Hastings. Table 5 (columns 3) lists the estimates of the value of different fields:

Field∆ Earnings
Business0.101
Art/Arch.0.014
Education0.042
Law0.151*
Health0.256*
Sci/Tech0.119*
Humanities-0.007
Soc.Sci.0.161*
* 5% signifiance

todo Rodríguez Bordón

Hastings, J. S., Neilson, C. A., & Zimmerman, S. D. (2013). Are some degrees worth more than others? Evidence from college admission cutoffs in Chile (No. w19241). National Bureau of Economic Research. https://doi.org/10.3386/w19241 Rodríguez, J., Urzúa, S., & Reyes, L. (2016). Heterogeneous economic returns to post-secondary degrees: evidence from Chile. Journal of Human Resources, 51(2), 416-460. https://doi.org/10.3368/jhr.51.2.0213-5474R1 Bordón, P., & Braga, B. (2020). Employer learning, statistical discrimination and university prestige. Economics of Education Review, 77, 101995. https://doi.org/10.1016/j.econedurev.2020.101995 Altonji, J. G., Blom, E., & Meghir, C. (2012). Heterogeneity in human capital investments: High school curriculum, college major, and careers. https://doi.org/10.3386/w17985 Altonji, J. G., Arcidiacono, P., & Maurel, A. (2016). The analysis of field choice in college and graduate school: Determinants and wage effects. In Handbook of the Economics of Education (Vol. 5, pp. 305-396). Elsevier. https://doi.org/10.1016/B978-0-444-63459-7.00007-5 Kirkeboen, L. J., Leuven, E., & Mogstad, M. (2016). Field of study, earnings, and self-selection. The Quarterly Journal of Economics, 131(3), 1057-1111. https://doi.org/10.1093/qje/qjw019 Bleemer, Z., & Mehta, A. (2022). Will studying economics make you rich? A regression discontinuity analysis of the returns to college major. American Economic Journal: Applied Economics, 14(2), 1-22. https://doi.org/10.1257/app.20200447