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¿Es el ingreso suficiente para explicar cambios en la elección de carrera?

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  • Emanuel Vespa

    ()
    (Departamento de Economía y Administración, Universidad Alberto Hurtado)

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    Abstract

    By influencing her specific labor occupation choice major choices greatly condition the allocation of an individual’s time. Previous economic analysis on the subject has emphasized monetary considerations affecting such a decision, but has been relatively less incisive regarding non pecuniary variables, which are precisely those that psychologists consider as relatively relevant. This paper shows that giving a greater role to non-pecuniary variables may vary and even contradict some previous considerations. In fact, when the non-pecuniary variable enters in the utility function it is shown that if abilities are absolute (being proficient in major i implies being proficient in all others), then average ability will not be affected; whereas, in the relative case, the rise in average ability may be indistinguishable.

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    Bibliographic Info

    Article provided by Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines in its journal Revista de Analisis Economico.

    Volume (Year): 20 (2005)
    Issue (Month): 2 (December)
    Pages: 63-90

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    Handle: RePEc:ila:anaeco:v:20:y:2005:i:2:p:63-90

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    Related research

    Keywords: Undergraduate Major Choice; Dynamic Programming; Simulations;

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