Human Capital Investments and Expectations about Career and Family.

Autor/inn/en	Wiswall, Matthew; Zafar, Basit
Titel	Human Capital Investments and Expectations about Career and Family. Gefälligkeitsübersetzung: Humankapitalinvestitionen und Erwartungen bezüglich Karriere und Familie.
Quelle	In: Journal of political economy, 129 (2021) 5, S. 1361-1424 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0022-3808; 0047-2697; 1537-534X
DOI	10.1086/713100
Schlagwörter	Bildung; Erwartung; Familienplanung; Partnerschaft; Bildungsertrag; Fruchtbarkeit; Einkommenserwartung; Einkommenshöhe; Investition; Berufserfolg; Berufserwartung; Karriereplanung; Studienwahl; Studienerfolg; Geschlechtsspezifik; Hochschulabsolvent; Student; New York, N.Y.; USA
Abstract	"This paper studies how individuals believe human capital investments will affect their future career and family life. We conducted a survey of high-ability currently enrolled college students and elicited beliefs about how their choice of college major, and whether to complete their degree at all, would affect a wide array of future events, including future earnings, employment, marriage prospects, potential spousal characteristics, and fertility. We find that students perceive large 'returns' to human capital not only in their own future earnings, but also in a number of other dimensions (such as potential spouse's earnings and fertility). And, we find evidence of students sorting into majors based on these perceived ex ante returns. Family expectations are found to be particularly important for females' major choices. Finally, in a follow-up survey conducted six years after the initial data collection, we find a close connection between the expectations and current realizations." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2021/3