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WHY DIDN’T WE ALL JUST MAJOR IN CULINARY ARTS?: A synthetic control study of higher education choice when faced with changing costs of education
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2014 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This study uses the Swedish student aid reform deployed in 2001 as a natural experiment to investigate whether changing the cost of education causes university students to choose a different field of study than they would have otherwise chosen. We find that Swedish students did not show a measurable change of education specialization preferences as a result of the aforementioned reform.

The following investigation is accomplished by using a synthetic control method to generate a synthetic Sweden as a weighted average of other European countries, allowing us to observe likely hypothetical outcomes had Sweden not underwent its 2001 reform. This exercise is performed in regards to the two variables of interest, share of tertiary students in the field humanities and arts, and share of tertiary students in the field mathematics, science and technology. Inference is accomplished by means of placebo tests in which we examine placebo interventions in the comparison countries.

Place, publisher, year, edition, pages
2014.
Keyword [en]
Synthetic control, education choice, college choice, human capital, student aid reform
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-219585OAI: oai:DiVA.org:uu-219585DiVA: diva2:701015
Supervisors
Examiners
Available from: 2014-03-04 Created: 2014-03-04 Last updated: 2014-03-04Bibliographically approved

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