Dasgupta, Utteeyo and Gangadharan, Lata and Maitra, Pushkar and Mani, Subha and Subramanian, Samyukta (2011): Selection into skill accumulation: evidence using observational and experimental data.
Download (651kB) | Preview
This paper combines unique survey and experimental data to examine the determinants of self-selection into a vocational training program. Women residing in selected disadvantaged areas in New Delhi, India were invited to apply for a 6-month long free training program in stitching and tailoring. A random subset of applicants and non-applicants were invited to participate in a set of behavioral experiments and in a detailed socio-economic survey. We find that applicants and non-applicants differ both in terms of observables (captured using survey data) and also in terms of a number of intrinsic traits (captured via the behavioral experiments). Overall our results suggest that there is valuable information to be gained by dissecting the black box of unobservables using behavioral experiments.
|Item Type:||MPRA Paper|
|Original Title:||Selection into skill accumulation: evidence using observational and experimental data|
|Keywords:||Labor Market Training Programs, Selection, Survey Data, Field Experiments, Risk, Competition|
|Subjects:||J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology; Computer Programs > C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data
C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C93 - Field Experiments
|Depositing User:||Utteeyo Dasgupta|
|Date Deposited:||23. Jul 2011 20:37|
|Last Modified:||20. Feb 2013 12:39|
Anderson, S. and J-M. Baland (2002): “The Economics of Roscas and Intrahousehold Resource Allocation”, Quarterly Journal of Economics, 117(3), 963 – 995.
Andersen, S., S. Ertac, U. Gneezy, J. List and S. Maximiano (2010): Gender, Competitiveness and Socialization at a Young Age: Evidence from a Matrilineal and a Patriarchal Society, Mimeo University of Chicago.
Ariely, D., G. Loewenstein and D. Prelec (2003): “Coherent Arbitrariness: Stable Demand Curves without Stable Preferences”, Quarterly Journal of Economics, 118(1), 73 – 105.
Attanasio, P. O., A. D. Kugler and C. Meghir (2011): “Subsidizing Vocational Training for Disadvantaged Youth in Colombia: Evidence from a Randomized Trial”, American Economic Journal: Applied Economics, 3(2), 188-220.
Belzil, C. and M. Leonardi (2009): Risk Aversion and Schooling Decisions, Ecole Polytechnique, Working Paper # 2009-028.  Bénabou, R. and J. Tirole (2002): “Self Confidence and Personal Motivation”, Quarterly Journal of Economics, 117(3), 871 – 915.
Bernardo, A. E., and Welch, I. (2001): “On the Evolution of Overconfidence and Entrepreneurs”, Journal of Economics and Management Strategy, 10(3), 301 – 330.
Betcherman, G., K. Olivas and A. Dar (2004): Impacts of Active Labor Market Programs: New Evidence from Evaluations with Particular Attention to Developing and Transition Countries, World Bank Social Protection Discussion Paper # 0402.
Biais, B., D. Hilton, K. Mazurier and S. Pouget (2005): “Judgemental Overconfidence, Self-Monitoring, and Trading Performance in an Experimental Financial Market”, Review of Economic Studies, 72(2), 287 – 312.
Camerer, C. F., and D. Lovallo (1999): “Overconfidence and Excess Entry: An Experimental Approach”, American Economic Review, 89, 306 – 318.
Card, D., P. Ibarraran, F. Regalia, D. Rosas and Y. Soares (2011): “The Labor Market Impacts of Youth Training in the Dominican Republic: Evidence from a Randomized Evaluation”, Journal of Labor Economics, forthcoming.
Cardenas, J. C. and J. Carpenter (2008): “Behavioural Development Economics: Lessons from the Field Labs in the Developing World”, Journal of Development Studies, 44(3), 311 – 338.
Castillo, M, R. Petrie and M. Torero (2010): “On the Preferences of Principals and Agents”, Economic Inquiry, 48(2), 266 – 273.
Chen, S. (2003): Risk Attitude and College Attendance, Mimeo, SUNY Albany.
Filippin, A. and M. Paccagnella (2009): Family Background, Self-Confidence and Economic Outcomes, Mimeo.
Cooper, A. C., C. A. Woo and W. Dunkelberg (1988): “Entrepreneurs Perceived Chances for Success,” Journal of Business Venturing, 3, 97 – 108.
Eriksson, T., S. Teyssier and M. C. Villeval (2009): “Self-Selection and the Efficiency of Tournaments”, Economic Inquiry, 47(3), 530 – 548.
Fang, H. and G. Moscarini (2005): “Morale hazard”, Journal of Monetary Economics, 52(4), 749 – 777.
Gneezy, U., K. L. Leonard and J. List (2009): “Gender Differences in Competition: Evidence from a Matrilineal and Patriarchal Society”, Econometrica, 77(5), 1637 – 1664.
Grubb, W.N. (2006): Vocational Education and Training: Issues for a Thematic Review”, OECD.
Harrison, G. W, M. Lau and M. B. Williams (2002): “Estimating Individual Discount Rates in Denmark: A Field Experiment”, American Economic Review, 92(5), 1606 – 1617.
Harrison, G. W. and J. List (2004): “Field Experiments”, Journal of Economic Literature, b, 1009 – 1055.
Heckman, J. J. (1992): Randomization and Social Policy Evaluation, NBER Technical Working Paper Series # 107.
Heckman, J. J., R. J. Lalonde and J. A. Smith (1999): “The Economics and Econometrics of Active Labor Market Programs” in Handbook of Labor Economics, Volume III, O. Ashenfelter and D. Card (ed). Amsterdam, North-Holland.
Koszegi, B., (2006): “EgoUtility, Overconfidence, and Task Choice,” Journal of the European Economic Association, 4(4), 673 – 707.
Koellinger, P., M. Minniti and C. Schade (2007): “`I think I can, I think I can’: Overconfidence and Entrepreneurial Behavior”, Journal of Economic Psychology, 28, 502 – 527.
Liu, E. M. (2008): Time to Change What to Sow: Risk Preferences and Technology Adoption Decisions of Cotton Farmers in China, Working Paper #1064, Princeton University, Department of Economics, Industrial Relations Section.
Mullainathan, S. (2005): “Development Economics through the Lens of Psychology” in Lessons of experience: Annual World Bank Conference on Development Economics.
Moore, D. A., and Healy, P. J. (2008): “The trouble with overconfidence”, Psychological Review, 115(2), 502 – 517.
Munshi, K. and M. Rosenzweig (2006): “Traditional Institutions Meet the Modern World: Caste, Gender and Schooling Choice in a Globalizing Economy”, American Economic Review, 96(4), 1225 – 1252.
Niederle, M. and L. Vesterlund (2007): “Do Women Shy away from Competition? Do Men Compete too Much?,” Quarterly Journal of Economics, 122(3), 1067 – 1101.
Ray, D. (2003): Aspiration, Poverty and Economic Change. BREAD Policy Paper # 2.
Wooldridge, J. M. (2003): “Cluster-sample Methods in Applied Econometrics”, American Economic Review, 93(2): 133 – 138.