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Home > News & Events > Events Calendar > Educational Choices and Subjective Expectations of Returns: Evidence on Intra-Household Decisions and Gender Differences
Katja Kaufmann, WAPPP Fellow, Assistant Professor,
Department of Economics and IGIER, Bocconi University
The goal of this paper is to improve our understanding of
educational decisions in two dimensions: First, we investigate if
determinants of schooling differ between male and female youths. In
particular, we are interested in the role of expectations about
monetary returns to schooling, perceived risks of earnings and
unemployment for different schooling scenarios and returns to
schooling in the marriage market. Second, we analyze the decision
making process within the household with special focus on the role
of the youth. We shed light on whose expectations matter in
schooling decisions, the ones of the parents or the ones of the
youths, and whether this depends on the gender of the youth. To
address these questions we use a data set on Mexican junior and
senior high school graduates that elicits their own and their
parents' beliefs about future earnings for different scenarios of
highest schooling degree. In addition we construct proxies for
returns in the marriage market and have information about the
actual schooling choice and an extensive set of controls.
Lunch will be provided.