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Breadth versus Depth: The Timing of Specialization in Higher Education

Identifieur interne : 000D75 ( Istex/Corpus ); précédent : 000D74; suivant : 000D76

Breadth versus Depth: The Timing of Specialization in Higher Education

Auteurs : Ofer Malamud

Source :

RBID : ISTEX:848D264CF50CB2853A8FA3DC1620AC6F795B3772

English descriptors

Abstract

This paper examines the trade‐off between early and late specialization in the context of higher education. I develop a model in which individuals accumulate field‐specific skills and receive noisy signals of match quality across different fields of study. I derive comparative static predictions between educational regimes with early and late specialization, and examine these predictions across British systems of higher education. Using survey data on 1980 university graduates, I find that individuals who switch to unrelated occupations have lower initial earnings, and that early specialization in England is associated with more costly switches. But higher wage growth among those who switch eliminates the wage difference after several years, and average earnings are not significantly different between England and Scotland.

Url:
DOI: 10.1111/j.1467-9914.2010.00489.x

Links to Exploration step

ISTEX:848D264CF50CB2853A8FA3DC1620AC6F795B3772

Le document en format XML

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<p>I wish to thank Claudia Goldin, Caroline Hoxby, Larry Katz, Franco Peracchi, and an anonymous referee for extensive comments, as well as Itai Ashlagi, Nittai Bergman, Saar Golde, Jeff Grogger, Michael Kremer, Seema Jayachandran, Bob Lalonde, Steve Machin, Klaus Miescke, Derek Neal, Steve Pischke, Cristian Pop‐Eleches, Sarah Reber, Bruce Sacerdote, Anna Vignoles, Abigail Waggoner, Tara Watson, and seminar participants at Clemson University, Hebrew University, Harvard University, Michigan State University, Tel‐Aviv University, UCSD, UC River‐side, University of Chicago, and the NBER Higher Education meeting for many helpful suggestions. I am grateful to the Universities Statistical Record, the UK Data Archive, and several university administrators in Scotland and England for assistance. All errors are my own. This work was supported by a grant from the Spencer Foundation.</p>
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