EVOLUTION OF GENDER DIFFERENCES IN POST-SECONDARY HUMAN CAPITAL INVESTMENTS: COLLEGE MAJORS

Authors

  • AHU GEMICI,

    Corresponding author
    1. New York University, U.S.A
    • Please address correspondence to: Ahu Gemici, Department of Economics, NYU, 19 W 4th Street, New York, NY 10012. Phone: 212 998-8958. E-mail: ahu.gemici@gmail.com

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  • MATTHEW WISWALL

    1. Arizona State University, U.S.A
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    • We thank Jennifer Sallman for excellent research assistance. We thank three anonymous referees and the editor, Holger Sieg, for helpful comments. All errors are our own.


Abstract

Although women in the United States now complete more college degrees than men, the distribution of college majors among college graduates remains unequal, with women about two-thirds as likely as men to major in business or science. We develop and estimate a dynamic, overlapping generations model of human capital investments and labor supply. We allow for specific college major choices, instead of aggregating these choices to the education level. Results show that changes in skill prices, higher schooling costs, and gender-specific changes in home value were each important to the long-term trends.

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