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Author: Schreiner, Sydney
Resulting in 1 citation.
1. Light, Audrey L.
Schreiner, Sydney
College Major, College Coursework, and Post-College Wages
Economics of Education Review 73 (December 2019): 101935.
Cohort(s): NLSY97
Publisher: Elsevier
Keyword(s): College Major/Field of Study/Courses; Skills; Wage Gap; Wage Models

We ask whether estimated wage payoffs to college majors change when we account for skills acquired in college by including college major dummies and detailed coursework measures in log-wage models. Using data from the 1997 National Longitudinal Survey of Youth, we find that students in all majors differ considerably in the percentage of credits taken within-major, as well as in their overall credit distributions. When credit distributions are taken into account in modeling log-wages, estimated coefficients for college majors often fall by 50% or more. Moreover, estimated log-wage gaps between select pairs of majors often change by orders of magnitude depending on whether we compare individuals whose overall credit distributions correspond to obtaining a low, medium, or high level of credit concentration within the major.
Bibliography Citation
Light, Audrey L. and Sydney Schreiner. "College Major, College Coursework, and Post-College Wages." Economics of Education Review 73 (December 2019): 101935.