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Do completed college majors respond to changes in wages?
ARTICLE

, Evans ; , Center for Education Data and Research ; , Department of Economics

Economics of Education Review Volume 49, Number 1, ISSN 0272-7757 Publisher: Elsevier Ltd

Abstract

In an analysis connecting labor market earnings to college major choices, we find statistically significant relationships between changes in wages by occupation and subsequent changes in college majors completed in related fields of college study between 1982 and 2012. College majors (defined at a detailed level) are most strongly related to wages observed three years earlier, when students were college freshmen. The responses to wages vary depending on the extent to which there is a strong mapping of majors into particular occupations. We also find that women, blacks, Hispanics, and students with low test scores are less likely to respond to wage changes. These findings have implications for policy interventions designed to align students’ major choices with labor market demand.

Citation

Long, M.C., Goldhaber, D. & Huntington-Klein, N. (2015). Do completed college majors respond to changes in wages?. Economics of Education Review, 49(1), 1-14. Elsevier Ltd. Retrieved November 15, 2019 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

Full text is availabe on Science Direct: http://dx.doi.org/10.1016/j.econedurev.2015.07.007

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