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Making your own future: Expectations and occupation choice

  • Tacsir, Ezequiel

    ()

    (UNU-MERIT)

The choice of a university career has a major saying in the future earnings and career opportunities of the individuals. In turn, prospective university students make their decisions mainly motivated by expectations of future rewards. Hence, understanding career choices requires, first, to be able to understand the expectations that students have. Second, it is necessary to increase our knowledge about the timing and the source of information about wages and other forms of rewards. Taking these prerequisites into account, this paper attempts to increase our understanding of the motivations that students have and the perceptions they form when confronted with the occupation choice. Based on a survey to prospective university students in Argentina we will first show how a seemingly homogeneous population exhibit different perceptions and goals. Secondly, we explore the influences and sources of information and actions that these individuals have used to decide their future specialization. Finally, and referred to the occupation rewards, we show that it is possible to aggregate individuals according to their motivations, showing that it is necessary to include in our analysis information and expectations about aspects different from future income streams. This will prove to be of fundamental importance in the attraction of students to technical and scientific related disciplines.

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File URL: http://www.merit.unu.edu/publications/wppdf/2010/wp2010-058.pdf
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Paper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 058.

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Date of creation: 2010
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Handle: RePEc:unm:unumer:2010058
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  1. Jürg Schweri & Stefan C. Wolter & Joop Hartog, 2008. "Do Students Expect Compensation for Wage Risk?," Economics of Education Working Paper Series 0011, University of Zurich, Institute for Strategy and Business Economics (ISU).
  2. Freeman, Richard B, 1975. "Legal "Cobwebs": A Recursive Model of the Market for New Lawyers," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 171-79, May.
  3. Tacsir, Ezequiel, 2010. "Occupation Choice: Family, Social and Market Influences," MERIT Working Papers 013, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  4. Tacsir, Ezequiel, 2010. "Choosing a career in Science and Technology," MERIT Working Papers 014, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  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. Easterlin, Richard A., 1995. "Preferences and prices in choice of career: The switch to business, 1972-1987," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 1-34, June.
  7. Julia Varga, 2001. "Earnings Expectations and Higher Education Enrolment Decisions in Hungary," Budapest Working Papers on the Labour Market 0110, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
  8. Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny, 1990. "The Allocation of Talent: Implicationsfor Growth," University of Chicago - George G. Stigler Center for Study of Economy and State 65, Chicago - Center for Study of Economy and State.
  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.
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