Do Human Arts Really Offer a Lower Return to Education?

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dc.contributor.author	Dalgaard, Carl-Johan
dc.contributor.author	Schultz, Esben Anton
dc.contributor.author	Sørensen, Anders
dc.date.accessioned	2009-12-18
dc.date.accessioned	2009-12-18T15:15:54Z
dc.date.available	2009-12-18T15:15:54Z
dc.date.issued	2009-12-18
dc.identifier.uri	http://hdl.handle.net/10398/7989
dc.description.abstract	Is the wage gap between majors in human arts and other fields caused by the education? If the educational choice is endogenous, the wage gap may instead be caused by selection. We document that individuals’ educational choice is correlated with that of older students and by the concentration of women in their high school. Conditional on high school fixed effects, these characteristics are unlikely to affect post-university wages and are plausible instruments for the educational choice. Our 2SLS estimates reveal that the gap in returns to education is negligible, implying that the wage gap is attributable to selection.	en_US
dc.format.extent	41 s.	en_US
dc.language	eng	en_US
dc.publisher	Centre for Economic and Business Research	en_US
dc.subject.other	Returns to education	en_US
dc.subject.other	human arts	en_US
dc.subject.other	instruments	en_US
dc.title	Do Human Arts Really Offer a Lower Return to Education?	en_US
dc.type	wp	en_US
dc.accessionstatus	modt09dec18	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Centre for Economic and Business Research	en-US
dc.contributor.departmentshort	CEBR	en_US
dc.contributor.departmentuk	Centre for Economic and Business Research	en_US
dc.contributor.departmentukshort	CEBR	en_US
dc.idnumber	x656600089	en_US
dc.publisher.city	Frederiksberg	en_US
dc.publisher.year	2009	en_US