The Perceived Returns to Education and the Demand for Schooling

@inproceedings{Jensen2007ThePR,
  title={The Perceived Returns to Education and the Demand for Schooling},
  author={Robert Jensen},
  year={2007}
}
Economists have long emphasized the link between the market returns to education and investments in schooling. While many studies estimate these returns with earnings data, it is the returns perceived by individuals that affect schooling decisions, and these perceptions may be inaccurate, due to limited or imperfect information. Using data from the Dominican Republic, we find that while the measured returns to schooling are high, the returns perceived by students are extremely low. Students… CONTINUE READING
Highly Influential
This paper has highly influenced 12 other papers. REVIEW HIGHLY INFLUENTIAL CITATIONS

From This Paper

Figures, tables, and topics from this paper.

Citations

Publications citing this paper.
Showing 1-10 of 204 extracted citations

HIV Testing & Risky Sexual Behavior

View 7 Excerpts
Highly Influenced

Segregation and Fertility : the Case of the Roma in Serbia

Marianna Battaglia, B. Chabé-Ferret, L. Lebedinski
2017
View 3 Excerpts
Highly Influenced

References

Publications referenced by this paper.
Showing 1-10 of 38 references

Information , School Choice , and Academic Achievement : Evidence from Two Experiments

S. Justine, Jeffrey M. Weinstein
Quarterly Journal of Economics • 2008

Do Smokers Underestimate Risks ?

W. Kip Viscusi
Journal of Political Economy • 2007

Preferences, Information and Parental Choice Behavior in Public School Choice,

Hastings, S Justine, Richard Van Weelden, Jeffrey Weinstein
National Bureau of Economic Research Working Paper 12995, • 2007

Returns to Investment in Education : A Further Update

George Psacharopoulos, Harry Anthony Patrinos
Education Economics • 2007

Long - Term Educational Consequences of Secondary School Vouchers : Evidence from Administrative Records in Colombia

P. Orazio, Katja Maria Kaufmann
American Economic Review • 2006

Long-Term Educational Consequences of Secondary School Vouchers: Evidence from Administrative Records in Colombia,” American Economic Review, 96(3), p

Angrist, Joshua, Eric Bettinger, Michael Kremer
847-862. • 2006

Imperfect Knowledge of Social Security and Pensions

L. Alan, Thomas L. Steinmeier
Industrial Relations • 2005

Similar Papers

Loading similar papers…