Journal of Political Economy Microeconomics · 2017 · Darwin Choi、Dong Lou、Abhiroop Mukherjee
中文摘要
我们研究超级明星企业的存在与大学生专业选择之间的关系。某一行业出现超级明星人物之后, 选择主修相关专业的大学生人数会大幅上升。在控制滞后的行业回报与工资后, 这一队列效应仍然显著。然而, 学生追随超级明星人物的倾向, 在其进入劳动力市场时却伴随着入门级员工实际工资的下降。来自两项高校毕业生调查的进一步证据表明, 这种不利的职业结果可能持续数十年。
Abstract
We study the relation between the presence of superstar firms and college students’ major choice. Occurrences of superstar performers in an industry are followed by a sharp rise in the number of college students choosing to major in related fields. This cohort effect remains significant after controlling for lagged industry returns and wages. Students’ tendency to follow superstars, however, is met with lower real wages earned by entry-level employees when these students enter the job market. Further evidence from two college graduate surveys shows that such adverse career outcomes can last for decades.