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Earnings Expectations and Higher Education Enrolment Decisions in Hungary

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Author Info
Julia Varga () (Department of Human Resources Budapest University of Economics and Public Administration)

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Abstract

This paper is based on a survey carried out among Hungarian secondary school students to examine (i) what students know about wages and relative wages when they are in their senior year of secondary school and are about to make decisions on their further studies (ii) how they form expectations regarding their future earnings and employment probabilities at different levels of schooling and (iii) whether their expectations of the labour market outcome of higher education have an impact on the probability of applying for higher educational studies. The results show that students on the average, have quite an accurate knowledge of current wages by educational levels and occupations. Their expected earnings are higher than their estimations of current earnings and their labour market return expectations have an impact on the probability of applying for further studies.

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File URL: http://www.econ.core.hu/doc/bwp/bwp/bwp0110.pdf
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Publisher Info
Paper provided by Institute of Economics, Hungarian Academy of Sciences in its series Budapest Working Papers on the Labour Market with number 0110.

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Length: 38 pages
Date of creation: Dec 2001
Date of revision:
Handle: RePEc:has:bworkp:0110

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Gabor Kertesi & Janos Kollo, 2001. "Economic transformation and the revaluation of human capital - Hungary, 1986-1999," Budapest Working Papers on the Labour Market 0104, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
  2. Brunello, Giorgio & Lucifora, Claudio & Winter-Ebmer, Rudolf, 2001. "The Wage Expectations of European College Students," CEPR Discussion Papers 2817, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  3. Francine D. Blau, 1990. "Career Plans and Expectations of Young Women and Men: The Earnings Gap and Labor Force Participation," NBER Working Papers 3445, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Richard B. Freeman, 1976. "A cobweb model of the supply and starting salary of new engineers," Industrial and Labor Relations Review, ILR Review, ILR School, Cornell University, vol. 29(2), pages 236-248, January.
  5. Borghans, Lex & De Grip, Andries & Heijke, Hans, 1996. "Labor market information and the choice of vocational specialization," Economics of Education Review, Elsevier, vol. 15(1), pages 59-74, February. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Júlia Varga, 2006. "The Role of Labour Market Expectations and Admission Probabilities in Students' Application Decisions on Higher Education: The Case of Hungary," Education Economics, Taylor and Francis Journals, vol. 14(3), pages 309-327, September. [Downloadable!] (restricted)
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