Replication data for: Preferences and Biases in Educational Choices and Labour Market Expectations: Shrinking the Black Box of Gender
Principal Investigator(s): View help for Principal Investigator(s) Ernesto Reuben; Matthew Wiswall; Basit Zafar
Version: View help for Version V1
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text/plain | 5.3 KB | 05/10/2020 06:30:AM |
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application/x-stata | 203.6 KB | 05/10/2020 06:20:AM |
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Project Citation:
Reuben, Ernesto, Wiswall, Matthew, and Zafar, Basit. Replication data for: Preferences and Biases in Educational Choices and Labour Market Expectations: Shrinking the Black Box of Gender. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-05-10. https://doi.org/10.3886/E119365V1
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Summary:
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Using an experiment to measure overconfidence and preferences for competitiveness and risk, this article investigates whether these measures explain gender differences in college major choices and expected future earnings. We find that individuals who are overconfident and overly competitive expect to earn significantly more. In addition, gender differences in overconfidence and competitiveness explain 18% of the gender gap in earnings expectations. These experimental measures explain as much of the gender gap in earnings expectations as a rich set of control variables. While expected earnings are related to college major choices, the experimental measures are not related with college major choice.
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