The Role of Heterogeneous Risk Preferences, Discount Rates, and Earnings Expectations in College Major Choice
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In this paper, we estimate a rich model of college major choice using a panel of experimentally-derived data. Our estimation strategy combines two types of data: data on self-reported beliefs about future earnings from potential human capital decisions and survey-based measures of risk and time
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美国国家经济研究局创建时间：
2020-03-01
