Data and Code for: Will Studying Economics Make You Rich? A Regression Discontinuity Analysis of the Returns to College Major
收藏ICPSR2022-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/126941/version/V1/view?path=/openicpsr/126941/fcr:versions/V1/3_Analyze_Data.R&type=file
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资源简介：
This record contains the code and publicly-available data used to produce the results presented in "Will Studying Economics Make You Rich? A Regression Discontinuity Analysis of the Returns to College Major":<br><br>We investigate the wage return to studying economics by leveraging a policy that prevented students with low introductory grades from declaring the major. Students who barely met the GPA threshold to major in economics earned $22,000 (46%) higher annual early-career wages than they would have with their second-choice majors. Access to the economics major shifts students' preferences toward business/finance careers, and about half of the wage return is explained by economics majors working in higher-paying industries. The causal return to majoring in economics is very similar to observational earnings differences in nationally representative data.<br>
提供机构：
University of California, Santa Barbara; University of California, Berkeley
创建时间：
2022-01-01
