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Labor Market Effects of High School Science Majors in a High STEM Economy

Author

Listed:
  • Jain, Tarun

    () (Indian School of Business)

  • Mukhopadhyay, Abhiroop

    () (Indian Statistical Institute)

  • Prakash, Nishith

    () (University of Connecticut)

  • Rakesh, Raghav

    () (Michigan State University)

Abstract

This paper explores the association between studying science at the higher secondary stage and labor market earnings using nationally representative data on high school subject choices and adult outcomes for urban males in India. Results show that those who studied science in high school have 22% greater earnings than those who studied business and humanities, even after controlling for several measures of ability. These higher earnings among science students are further enhanced if the students also have some fluency in English. Moreover, greater earnings are observed among individuals with social and parental support for translating science skills into higher earnings. Science education is also associated with more years of education, likelihood of completing a professional degree, and among low ability students, working in public sector positions.

Suggested Citation

  • Jain, Tarun & Mukhopadhyay, Abhiroop & Prakash, Nishith & Rakesh, Raghav, 2018. "Labor Market Effects of High School Science Majors in a High STEM Economy," IZA Discussion Papers 11908, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izadps:dp11908
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    More about this item

    Keywords

    high-school majors; labor markets; science; STEM; India;

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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