Publication type
Journal Article
Authors
Publication date
November 3, 2020
Summary:
This paper estimates a discrete choice model of time allocation decisions made by university students. We consider investments in academic and non-academic activities, such as job placements or volunteering. Identification is achieved using data collected through a recent survey of UK university students on subjective expectations about the returns to these activities, and the enjoyment students derive from them. Unobserved heterogeneity in the choice set is addressed using a sufficient set logit method. The analysis reveals significant ethnic differences in the level of investments, expected academic and labour market returns, and enjoyment of academic and non-academic activities. Simulations suggest that existing constraints play an important role in explaining ethnic gaps in investments.
Published in
Journal of Econometrics
DOI
https://doi.org/10.1016/j.jeconom.2020.03.019
ISSN
3044076
Subjects
Link
- https://lib.essex.ac.uk/iii/encore/record/C__Rb1203180
Notes
Online Early
#526432