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Does Expert Advice Improve Educational Choice?

  • Borghans, Lex

    ()

    (Maastricht University)

  • Golsteyn, Bart H.H.

    ()

    (Maastricht University)

  • Stenberg, Anders

    ()

    (SOFI, Stockholm University)

This paper reports evidence that an individual meeting with a study counselor at high school significantly improves the quality of choice of tertiary educational field, as self-assessed 18 months after graduation from college. The results are strongest among males and those with low educated parents. To address endogeneity, we explore the variation in study counseling practices between schools. Tentative analyses also indicate that counselors reduce students' uncertainty about their own individual preferences at least to the same extent as uncertainty about objective measures such as employment prospects.

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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 7649.

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Length: 65 pages
Date of creation: Sep 2013
Date of revision:
Handle: RePEc:iza:izadps:dp7649
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  1. Lex Borghans & Angela Lee Duckworth & James J. Heckman & Bas ter Weel, 2008. "The Economics and Psychology of Personality Traits," Working Papers 200827, Geary Institute, University College Dublin.
  2. David Card, 1993. "Using Geographic Variation in College Proximity to Estimate the Return to Schooling," Working Papers 696, Princeton University, Department of Economics, Industrial Relations Section..
  3. Taryn Dinkelman & Claudia Martínez A., 2011. "Investing in Schooling in Chile: The Role of Information about Financial Aid for Higher Education," Working Papers 1296, Princeton University, Department of Economics, Center for Economic Policy Studies..
  4. Humlum, Maria Knoth & Kleinjans, Kristin J. & Nielsen, Helena Skyt, 2007. "An Economic Analysis of Identity and Career Choice," IZA Discussion Papers 3120, Institute for the Study of Labor (IZA).
  5. J. Dominitz & C. F. Manski, . "Eliciting student expectations of the returns to schooling," Institute for Research on Poverty Discussion Papers 1049-94, University of Wisconsin Institute for Research on Poverty.
  6. Bruno, CREPON & Muriel, DEJEMEPPE & Marc, GURGAND, 2005. "Counseling the unemployed : does it lower unemployment duration and recurrence ?," Discussion Papers (ECON - Département des Sciences Economiques) 2005034, Université catholique de Louvain, Département des Sciences Economiques.
  7. Olson, Lawrence & White, Halbert & Shefrin, H M, 1979. "Optimal Investment in Schooling when Incomes are Risky," Journal of Political Economy, University of Chicago Press, vol. 87(3), pages 522-39, June.
  8. Kodde, David A, 1986. "Uncertainty and the Demand for Education," The Review of Economics and Statistics, MIT Press, vol. 68(3), pages 460-67, August.
  9. 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.
  10. Magali BEFFY & Denis FOUGERE & Arnaud MAUREL, 2009. "Choosing the Field of Study in Post-Secondary Education : Do Expected Earnings Matter ?," Working Papers 2009-14, Centre de Recherche en Economie et Statistique.
  11. Stenberg, Anders, 2011. "Using longitudinal data to evaluate publicly provided formal education for low skilled," Economics of Education Review, Elsevier, vol. 30(6), pages 1262-1280.
  12. Todd R. Stinebrickner & Ralph Stinebrickner, 2011. "Math or Science? Using Longitudinal Expectations Data to Examine the Process of Choosing a College Major," NBER Working Papers 16869, National Bureau of Economic Research, Inc.
  13. Joshua Angrist & Alan Krueger, 2001. "Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments," Working Papers 834, Princeton University, Department of Economics, Industrial Relations Section..
  14. Luc Behaghel & Bruno Cr?pon & Marc Gurgand, 2014. "Private and Public Provision of Counseling to Job Seekers: Evidence from a Large Controlled Experiment," American Economic Journal: Applied Economics, American Economic Association, vol. 6(4), pages 142-74, October.
  15. Todd R. Stinebrickner & Ralph Stinebrickner, 2009. "Learning about Academic Ability and the College Drop-out Decision," NBER Working Papers 14810, National Bureau of Economic Research, Inc.
  16. Richard J. Murnane, 2013. "U.S. High School Graduation Rates: Patterns and Explanations," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 370-422, June.
  17. 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).
  18. Hainmueller, Jens & Hofmann, Barbara & Krug, Gerhard & Wolf, Katja, 2009. "Do more placement officers lead to lower unemployment? : evidence from Germany," IAB Discussion Paper 200913, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
  19. Robert Jensen, 2010. "The (Perceived) Returns to Education and the Demand for Schooling," The Quarterly Journal of Economics, MIT Press, vol. 125(2), pages 515-548, May.
  20. Basit Zafar, 2009. "How do college students form expectations?," Staff Reports 378, Federal Reserve Bank of New York.
  21. Christopher Avery, 2010. "The Effects of College Counseling on High-Achieving, Low-Income Students," NBER Working Papers 16359, National Bureau of Economic Research, Inc.
  22. Charles F. Manski, 2004. "Measuring Expectations," Econometrica, Econometric Society, vol. 72(5), pages 1329-1376, 09.
  23. Favara, Marta, 2012. "The Cost of Acting "Girly": Gender Stereotypes and Educational Choices," IZA Discussion Papers 7037, Institute for the Study of Labor (IZA).
  24. Manski, C.F., 1991. "Identification of Endogenous Social Effects: the Reflection Problem," Working papers 9127, Wisconsin Madison - Social Systems.
  25. Eric P. Bettinger & Bridget Terry Long & Philip Oreopoulos & Lisa Sanbonmatsu, 2012. "The Role of Application Assistance and Information in College Decisions: Results from the H&R Block Fafsa Experiment," The Quarterly Journal of Economics, Oxford University Press, vol. 127(3), pages 1205-1242.
  26. Arcidiacono, Peter & Hotz, V. Joseph & Kang, Songman, 2010. "Modeling College Major Choices Using Elicited Measures of Expectations and Counterfactuals," IZA Discussion Papers 4738, Institute for the Study of Labor (IZA).
  27. Scott E. Carrell & Bruce Sacerdote, 2013. "Why Do College Going Interventions Work?," NBER Working Papers 19031, National Bureau of Economic Research, Inc.
  28. George A. Akerlof & Rachel E. Kranton, 2000. "Economics And Identity," The Quarterly Journal of Economics, MIT Press, vol. 115(3), pages 715-753, August.
  29. John P. Papay & Richard J. Murnane & John B. Willett, 2011. "How Performance Information Affects Human-Capital Investment Decisions: The Impact of Test-Score Labels on Educational Outcomes," NBER Working Papers 17120, National Bureau of Economic Research, Inc.
  30. George A. Akerlof & Rachel E. Kranton, 2002. "Identity and Schooling: Some Lessons for the Economics of Education," Journal of Economic Literature, American Economic Association, vol. 40(4), pages 1167-1201, December.
  31. Joshua D. Angrist & Guido W. Imbens, 1995. "Identification and Estimation of Local Average Treatment Effects," NBER Technical Working Papers 0118, National Bureau of Economic Research, Inc.
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