In the first chapter of the dissertation I discuss under what conditions data on subjective expectations of earnings can improve our understanding of educational choices. I then analyze the validity of survey data on expectations of Mexican adolescents and show that expected returns to schooling and perceived earnings and employment risk are important determinants of educational decisions.In addition what matters for understanding educational choices is ex-ante returns that depend on peoplea#39;s information sets. The comparison of mothers and adolescent responses provides one example of the importance of differences inanbsp;...
|Title||:||Essays on the Use of Subjective Expectations in the Analysis of Educational Choices|
|Author||:||Katja Maria Kaufmann|
|Publisher||:||ProQuest - 2008|