Wage Expectations for Higher Education Students in Spain

34 Pages Posted: 15 May 2011 Last revised: 14 Feb 2014

See all articles by Cesar Alonso-Borrego

Cesar Alonso-Borrego

Charles III University of Madrid - Department of Economics

Antonio Romero-Medina

Charles III University of Madrid - Department of Economics

Date Written: February 10, 2014

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 wages expectations are systematically lower for women than for men. However, the gender gap in actual wages exceeds the gender gap in wage expectations, suggesting that women do not fully account for the gender gap in their future earnings. We also find that student performance and graduation horizon play a relevant in wage forecasts.

Keywords: Wage differentials, College choice, Ordered response

JEL Classification: I23, J24, J31, C24, C25

Suggested Citation

Alonso-Borrego, Cesar and Romero-Medina, Antonio, Wage Expectations for Higher Education Students in Spain (February 10, 2014). Available at SSRN: https://ssrn.com/abstract=1836406 or http://dx.doi.org/10.2139/ssrn.1836406

Cesar Alonso-Borrego (Contact Author)

Charles III University of Madrid - Department of Economics ( email )

Calle Madrid 126
Getafe, 28903
Spain
+34 91 6249749 (Phone)
+34 91 6249849 (Fax)

Antonio Romero-Medina

Charles III University of Madrid - Department of Economics ( email )

Calle Madrid 126-128
Getafe, Madrid 28903
Spain

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