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What Will I Be When I Grow Up? An Analysis of Childhood Expectations and Career Outcomes

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Author Info
Sarah Brown ()
John Sessions
Karl Taylor ()

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Abstract

In this paper we utilise the British National Child Development Study to explore the determinants of children’s career expectations formed at the age of sixteen. We analyse how such career expectations impact upon human capital accumulation at the same age. We also analyse the extent of any divergence between childhood career expectations and the actual career outcomes experienced by the individuals at three distinct ages in adulthood (23, 33 and 42) as well as the impact of any such divergence on early- and mid- career wage growth. Our findings suggest that career expectations are an important determinant of human capital accumulation, which in turn is a key determinant of occupational status.

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Paper provided by Department of Economics, University of Leicester in its series Discussion Papers in Economics with number 05/2.

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Date of creation: Nov 2004
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Handle: RePEc:lec:leecon:05/2

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Postal: Department of Economics University of Leicester, University Road. Leicester. LE1 7RH. UK
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Related research
Keywords: Expectations; Education; Human Capital; Occupational Status;

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Find related papers by JEL classification:
J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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  1. Das, Marcel & van Soest, Arthur, 1999. "A panel data model for subjective information on household income growth," Journal of Economic Behavior & Organization, Elsevier, vol. 40(4), pages 409-426, December. [Downloadable!] (restricted)
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  2. Andrews, Martyn & Bradley, Steve, 1997. "Modelling the Transition from School and the Demand for Training in the United Kingdom," Economica, London School of Economics and Political Science, vol. 64(255), pages 387-413, August. [Downloadable!] (restricted)
  3. Pedro Carneiro & James J. Heckman & Dimitriy V. Masterov, 2003. "Labor Market Discrimination and Racial Differences in Premarket Factors," NBER Working Papers 10068, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Schmidt, Peter & Strauss, Robert P, 1975. "The Prediction of Occupation Using Multiple Logit Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(2), pages 471-86, June. [Downloadable!] (restricted)
  5. Dolton, Peter J & Mavromaras, Kostas G, 1994. "Intergenerational Occupational Choice Comparisons: The Case of Teachers in the UK," Economic Journal, Royal Economic Society, vol. 104(425), pages 841-63, July. [Downloadable!] (restricted)
  6. Harper, Barry & Haq, Mohammad, 1997. "Occupational Attainment of Men in Britain," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 638-50, October. [Downloadable!] (restricted)
  7. Charles F. Manski, 2004. "Measuring Expectations," Econometrica, Econometric Society, vol. 72(5), pages 1329-1376, 09. [Downloadable!] (restricted)
  8. Randall K. Filer, 1986. "The role of personality and tastes in determining occupational structure," Industrial and Labor Relations Review, ILR Review, ILR School, Cornell University, vol. 39(3), pages 412-424, April.
  9. Gupta, Nabanita Datta, 1994. "A specification test of the determinants of male-female occupational differences," Economics Letters, Elsevier, vol. 44(1-2), pages 197-203. [Downloadable!] (restricted)
  10. Nickell, Stephen, 1982. "The Determinants of Occupational Success in Britain," Review of Economic Studies, Blackwell Publishing, vol. 49(1), pages 43-53, January. [Downloadable!] (restricted)
  11. Mayhew, Ken & Rosewell, Bridget, 1981. "Occupational Mobility in Britain," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 43(3), pages 225-55, August.
  12. Ermisch, John & Francesconi, Marco, 2001. "Family Matters: Impacts of Family Background on Educational Attainments," Economica, London School of Economics and Political Science, vol. 68(270), pages 137-56, May. [Downloadable!] (restricted)
  13. Boskin, Michael J, 1974. "A Conditional Logit Model of Occupational Choice," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages 389-98, Part I, M. [Downloadable!] (restricted)
  14. Miller, Paul W & Volker, Paul A, 1985. "Economic Progress in Australia: An Analysis of Occupational Mobility," The Economic Record, The Economic Society of Australia, vol. 61(172), pages 463-75, March.
  15. Robertson, Donald & Symons, James, 1990. "The Occupational Choice of British Children," Economic Journal, Royal Economic Society, vol. 100(402), pages 828-41, September. [Downloadable!] (restricted)
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  16. Lorraine Dearden & Javier Ferri & Costas Meghir, 2002. "The Effect Of School Quality On Educational Attainment And Wages," The Review of Economics and Statistics, MIT Press, vol. 84(1), pages 1-20, February. [Downloadable!] (restricted)
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