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https://doi.org/10.15179/ces.17.1.3

Factors Influencing the Earnings Expectations among Macedonian Students: A Comparative Perspective with the EU Students

Marija Andonova orcid id orcid.org/0000-0003-3889-3978 ; School of Business Economics and Management, University American College-Skopje, Macedonia
Nikica Mojsoska-Blazevski orcid id orcid.org/0000-0003-0777-8985 ; School of Business Economics and Management, University American College-Skopje, Macedonia


Puni tekst: engleski pdf 512 Kb

str. 71-110

preuzimanja: 1.313

citiraj


Sažetak

The aim of this paper is to assess the earnings expectations of Macedonian students and the main factors that shape their expectations. Previous research has shown that earnings expectation is a major determinant that influences a decision on schooling (Williams and Gordon, 1981; Betts, 1996; Wolter and Zbinden, 2001). Given that the main pathway to developing individual human capital is schooling, learning about factors that affect individual’s decision on whether to acquire more education can contribute towards better educational policy. We employ similar empirical approach as Brunello et al. (2001, 2004). We use available information to regress: i) expected future earnings right after university graduation and ii) expected future earnings 10 years after graduation, on a set of variables: characteristics of the individual, socio-economic background, field of study, year of study, academic performance, sources of information for future earnings, etc. Our findings show that expected earnings are significantly correlated with the education of the father, year of study, sources of information on earnings in the labor market, gender, ethnicity, having a regular job during studies, perceived employability, field of study, and the country of future employment. In other words, Macedonian students form their earnings expectations in a similar vein as their European counterparts.

Ključne riječi

demand for schooling; earnings expectations; higher education

Hrčak ID:

140852

URI

https://hrcak.srce.hr/140852

Datum izdavanja:

30.6.2015.

Posjeta: 2.494 *