Hayri Alper Arslan, Brantly Callaway, Tong Li
arXiv 25 Oct 2024 · Econometrics · 1 citations (OpenAlex)
arXiv:2410.19947 · PDF · DOI · OpenAlex · Extracted main text
Motivated by studying the effects of marriage prospects on students' college major choices, this paper develops a new econometric test for analyzing the effects of an unobservable factor in a setting where this factor potentially influences both agents' decisions and a binary outcome variable. Our test is built upon a flexible copula-based estimation procedure and leverages the ordered nature of latent utilities of the polychotomous choice model. Using the proposed method, we demonstrate that marriage prospects significantly influence the college major choices of college graduates participating in the National Longitudinal Study of Youth (97) Survey. Furthermore, we validate the robustness of our findings with alternative tests that use stated marriage expectation measures from our data, thereby demonstrating the applicability and validity of our testing procedure in real-life scenarios.
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The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.
| Reference | Intensity | Mentions | Sections | Main text | |
|---|---|---|---|---|---|
| 1 | Beffy, M., Fougere, D., and Maurel, A (2012) Choosing the field of study in postsecondary education: Do expected earnings matter? | 0.843 | 3 | 3 | 100% |
| 2 | Rinott, Y. and Samuel-Cahn, E (1994) Covariance between variables and their order statistics for multivariate normal variables | 0.811 | 4 | 2 | 100% |
| 3 | Lee, L.-F (1983) Generalized econometric models with selectivity | 0.737 | 3 | 2 | 100% |
| 4 | Arcidiacono, P (2004) Ability sorting and the returns of to college major | 0.644 | 2 | 2 | 100% |
| 5 | Dahl, G. B (2002) Mobility and the return to education: Testing a roy model with multiple markets | 0.644 | 2 | 2 | 100% |
| 6 | Ge, S (2011) Women's college decisions: how much does marriage matter? | 0.644 | 2 | 2 | 100% |
| 7 | Keane, M. P. and Wolpin, K. I (1997) The career decisions of young men | 0.644 | 2 | 2 | 100% |
| 8 | Siegel, A. F (1993) A surprising covariance involving the minimum of multivariate normal variables | 0.644 | 2 | 2 | 100% |
| 9 | Stinebrickner, R. and Stinebrickner, T. R (2014) A major in science? initial beliefs and final outcomes for college major and dropout | 0.644 | 2 | 2 | 100% |
| 10 | Wiswall, M. and Zafar, B (2015) Determinants of college major choice: Identification using an information experiment | 0.644 | 2 | 2 | 100% |
Showing the top 10 of 30 scored citations.