The DOI matches its Crossref record; 29 of the 29 references it cites were found in a registry or an index.
Why Youths Drop out of High School: The Impact of Preferences, Opportunities, and Abilities
Abstract
In this paper, we develop and structurally estimate a sequential model of high school attendance and work decisions. The model's estimates imply that youths who drop out of high school have different traits than those who graduate—they have lower school ability and/or motivation, they have lower expectations about the rewards from graduation, they have a comparative advantage at jobs that are done by nongraduates, and they place a higher value on leisure and have a lower consumption value of school attendance. We also found that working while in school reduces school performance. However, policy experiments based on the model's estimates indicate that even the most restrictive prohibition on working while attending high school would have only a limited impact on the high school graduation rates of white males.
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Cites
Bellman, R. E. (2010) · doi:10.1515/9781400835386 · Cited by 14,588
(2010) · The Review of Economic Studies · doi:10.1111/(issn)1467-937x · Cited by 2,966
Heckman, J., & Singer, B. (1984) · Econometrica · doi:10.2307/1911491 · Cited by 2,788
Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher
Rust, J. (1987) · Econometrica · doi:10.2307/1911259 · Cited by 1,724
The Career Decisions of Young Men
Keane, M. P., & Wolpin, K. I. (1997) · Journal of Political Economy · doi:10.1086/262080 · Cited by 1,390
Self-citationThe Role of Premarket Factors in Black-White Wage Differences
Neal, D. A., & Johnson, W. R. (1996) · Journal of Political Economy · doi:10.1086/262045 · Cited by 1,340
Patents as Options: Some Estimates of the Value of Holding European Patent Stocks
Pakes, A. (1986) · Econometrica · doi:10.2307/1912835 · Cited by 817
Patents as Options: Some Estimates of the Value of Holding European Patent Stocks
Pakes, A. (1984) · National Bureau of Economic Research · doi:10.3386/w1340 · Cited by 722
The Effect of Parental Transfers and Borrowing Constraints on Educational Attainment
Keane, M. P., & Wolpin, K. I. (2001) · International Economic Review · doi:10.1111/1468-2354.00146 · Cited by 677
Self-citationJob Matching and Occupational Choice
Miller, R. A. (1984) · Journal of Political Economy · doi:10.1086/261276 · Cited by 618
Cited by
The Dynamics of Educational Attainment for Black, Hispanic, and White Males
Cameron, S. V., & Heckman, J. J. (2001) · Journal of Political Economy · doi:10.1086/321014 · Cited by 916
Ability sorting and the returns to college major
Arcidiacono, P. (2004) · Journal of Econometrics · doi:10.1016/j.jeconom.2003.10.010 · Cited by 833
Dynamic discrete choice structural models: A survey
Aguirregabiria, V., & Mira, P. (2010) · Journal of Econometrics · doi:10.1016/j.jeconom.2009.09.007 · Cited by 458
Choosing the Field of Study in Postsecondary Education: Do Expected Earnings Matter?
Beffy, M., Fougère, D., & Maurel, A. (2012) · Review of Economics and Statistics · doi:10.1162/rest_a_00212 · Cited by 264
Abbring, J. H., & Heckman, J. J. (2007) · Handbook of Econometrics · doi:10.1016/s1573-4412(07)06072-2 · Cited by 122
Metadata
- Authors
- Eckstein, Z., & Wolpin, K. I.
- Venue
- Econometrica
- Publisher
- The Econometric Society
- Published
- 1999-11
- Volume
- 67
- Issue
- 6
- Pages
- 1295-1339
- ISSN
- 0012-9682 (ISSN-L)
- 1468-0262
- OpenAlex
- W2064344477
- Cited by
- 537
- References
- 29
- FWCI
- 43.61
- Type
- journal article
- Language
- en
- Open access
- closed
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
