Why do university graduates regret their study program? A comparison between Spain and the Netherlands
In this paper we investigate the determinants of regret of study program for university graduates in Spain and the Netherlands. These two countries differ in their educational system in terms of their educational tracking in secondary education level and the strength of their education-labor market linkages in tertiary education. Therefore, by comparing Spain and the Netherlands, we aim at learning about the consequences that the two educational systems might have on university program regret. Basing on the psychological literature on regret, we derive some expectations on the determinants of regret of study program. Results reveal that, both education track and education-labor mismatch of tertiary education, are important determinants of the likelihood of program regret. Results allow us to derive some policy recommendations on the tertiary education system.
|Date of creation:||2012|
|Contact details of provider:|| Postal: Espai de Recerca en Economia, Facultat de CiÃ¨ncies EconÃ²miques. Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona. Spain.|
Phone: +34 93 402 43 13cazza
Web page: http://www.ere.ub.es
More information through EDIRC
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.:
- Seamus McGuinness, 2003. "University quality and labour market outcomes," Applied Economics, Taylor & Francis Journals, vol. 35(18), pages 1943-1955.
- Loomes, Graham & Sugden, Robert, 1982. "Regret Theory: An Alternative Theory of Rational Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 92(368), pages 805-24, December.
- Mary Silles & Peter Dolton, 2002.
"The Effects of Over-Education on Earnings in the Graduate Labour Market,"
Economics Series Working Papers
126, University of Oxford, Department of Economics.
- Dolton, Peter J. & Silles, Mary A., 2008. "The effects of over-education on earnings in the graduate labour market," Economics of Education Review, Elsevier, vol. 27(2), pages 125-139, April.
- Finnie, Ross & Frenette, Marc, 2003. "Earning differences by major field of study: evidence from three cohorts of recent Canadian graduates," Economics of Education Review, Elsevier, vol. 22(2), pages 179-192, April.
- Huang, J. & Maassen van den Brink, H. & Groot, W., 2009.
"A Meta-Analysis of the Effect of Education on Social Capital,"
22, Top Institute for Evidence Based Education Research.
- Huang, Jian & Maassen van den Brink, Henriëtte & Groot, Wim, 2009. "A meta-analysis of the effect of education on social capital," Economics of Education Review, Elsevier, vol. 28(4), pages 454-464, August.
- David Margolis & Véronique Simonnet, 2002.
"Educational Track, Networks and Labor Market Outcomes,"
2002-60, Centre de Recherche en Economie et Statistique.
- Margolis, David N. & Simonnet, Véronique, 2003. "Educational Track, Networks and Labor Market Outcomes," IZA Discussion Papers 699, Institute for the Study of Labor (IZA).
- David Margolis & Véronique Simonnet, 2003. "Educational Track, Networks and Labor Market Outcomes," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00365833, HAL.
- MONTMARQUETTE, Claude & CANNINGS, Kathy & MAHSEREDJIAN, Sophie, 1997.
"How do Young People Choose College Majors?,"
Cahiers de recherche
9719, Universite de Montreal, Departement de sciences economiques.
- Montmarquette, C. & Cannings, C. & Mahseredjian,S., 1997. "How do Young People Choose College Majors?," Cahiers de recherche 9719, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Kathy Cannings & Sophie Mahseredjian & Claude Montmarquette, 1997. "How Do Young People Choose College Majors ?," CIRANO Working Papers 97s-38, CIRANO.
- Lex Borghans & Bart Golsteyn, 2007.
"Skill transferability, regret and mobility,"
Taylor & Francis Journals, vol. 39(13), pages 1663-1677.
- Borghans Lex & Golsteyn Bart, 2006. "Skill Transferability Regret and Mobility," ROA Research Memorandum 003, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Borghans, Lex & Golsteyn, Bart H.H., 2006. "Skill Transferability, Regret and Mobility," IZA Discussion Papers 2021, Institute for the Study of Labor (IZA).
- Joanne Lindley & Steven McIntosh, 2010.
"Is the Over-Education Wage Penalty Permanent?,"
School of Economics Discussion Papers
0110, School of Economics, University of Surrey.
- Boudarbat, Brahim & Montmarquette, Claude, 2007. "Choice of Fields of Study of Canadian University Graduates: The Role of Gender and their Parents’ Education," IZA Discussion Papers 2552, Institute for the Study of Labor (IZA).
- Borghans, Lex & Groot, Loek, 1999. "Educational presorting and occupational segregation," Labour Economics, Elsevier, vol. 6(3), pages 375-395, September.
- Richard Breen & Cecilia Garcia-Penalosa, 2002. "Bayesian Learning and Gender Segregation," Journal of Labor Economics, University of Chicago Press, vol. 20(4), pages 899-922, October.
- Mark C. Berger, 1988. "Predicted Future Earnings and Choice of College Major," ILR Review, Cornell University, ILR School, vol. 41(3), pages 418-429, April.
- Julian R. Betts, 1996. "What Do Students Know about Wages? Evidence from a Survey of Undergraduates," Journal of Human Resources, University of Wisconsin Press, vol. 31(1), pages 27-56.
- Maite Blázquez Cuesta, 2005. "Youth labour market integration in Spain: Search time, job duration and skill mismatch," Spanish Economic Review, Springer;Spanish Economic Association, vol. 7(3), pages 191-208, 09.
- Altonji, Joseph G, 1993.
"The Demand for and Return to Education When Education Outcomes Are Uncertain,"
Journal of Labor Economics,
University of Chicago Press, vol. 11(1), pages 48-83, January.
- Joseph G. Altonji, 1991. "The Demand for and Return to Education When Education Outcomes are Uncertain," NBER Working Papers 3714, National Bureau of Economic Research, Inc.
- Boudarbat, Brahim, 2008. "Field of study choice by community college students in Canada," Economics of Education Review, Elsevier, vol. 27(1), pages 79-93, February.
- Schoemaker, Paul J H, 1982. "The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 529-563, June.
- Toni Mora, 2010. "Why do higher graduates regret their field of studies? Some evidence from Catalonia, Spain," Education Economics, Taylor & Francis Journals, vol. 18(1), pages 93-109.
- Simonson, Itamar, 1992. " The Influence of Anticipating Regret and Responsibility on Purchase Decisions," Journal of Consumer Research, Oxford University Press, vol. 19(1), pages 105-118, June.
- Verhaest, Dieter & Omey, Eddy, 2009.
"Objective over-education and worker well-being: A shadow price approach,"
Journal of Economic Psychology,
Elsevier, vol. 30(3), pages 469-481, June.
- D. Verhaest & E. Omey, 2008. "Objective overeducation and worker well-being: a shadow price approach," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 08/514, Ghent University, Faculty of Economics and Business Administration.
- Yannis M. Ioannides & Linda Datcher Loury, 2002.
"Job Information Networks, Neighborhood Effects and Inequality,"
Discussion Papers Series, Department of Economics, Tufts University
0217, Department of Economics, Tufts University.
- Yannis M. Ioannides & Linda Datcher Loury, 2004. "Job Information Networks, Neighborhood Effects, and Inequality," Journal of Economic Literature, American Economic Association, vol. 42(4), pages 1056-1093, December.
- Robst, John, 2007. "Education and job match: The relatedness of college major and work," Economics of Education Review, Elsevier, vol. 26(4), pages 397-407, August.
When requesting a correction, please mention this item's handle: RePEc:bar:bedcje:2012279. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Espai de Recerca en Economia)
If references are entirely missing, you can add them using this form.