Publication: Wage expectations for higher education students in Spain
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Publication date
2016-03-01
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Publisher
Wiley
Abstract
We assess students' ability to forecast future earnings by using data on expected wages self-reported by college students with different graduation horizons. We find a significant gender gap, by which wage expectations are systematically lower for women than for men. However, women do not
fully account for the gender gap in their future earnings. We also find that student performance, degree
type, and graduation horizon play a relevant role in wage forecasts. In any case, students' expectations
do not conform market wages but become more realistic as they approach graduation. We are in debt with Juanjo Dolado and Ricardo Mora for valuable comments. We acknowledge
research funding from the Spanish Ministry of Finance and Competitiveness, Grant Nos. ECO2012-
31358 (first author) and ECO2014-57442-P (second author)
Description
Keywords
Wages, Employment of college students, Wage surveys, Wage differentials, Descriptive statistics, College student attitudes, Forecasting
Bibliographic citation
Alonso, C. and Romero, A. (2016). Wage Expectations for Higher Education Students in Spain. LABOUR, v. 3, n. 1 pp. 1-17.