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Titel
Up in STEM, down in business : changing college major decisions with the Great Recession / Shimeng Liu (IESR, Jinan University), Weizeng Sun (IESR, Jinan University), John V. Winters (Oklahoma State University and IZA) ; IZA Institute of Labor Economics
VerfasserLiu, Shimeng In der Gemeinsamen Normdatei der DNB nachschlagen ; Sun, Weizeng ; Winters, John V. In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, September 2017
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (53 Seiten) : Diagramme
SerieDiscussion paper ; no. 10996
URNurn:nbn:de:hbz:5:2-138352 Persistent Identifier (URN)
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Up in STEM, down in business [0.71 mb]
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Zusammenfassung

We use the American Community Survey (ACS) to investigate the extent to which college major decisions were affected during and after the Great Recession with special attention to business and STEM fields, as well as the heterogeneity by gender, race/ethnicity and combinations of race/ethnicity and gender. Several conclusions are reached. First, we see an overall increase in the frequency of STEM majors but a decrease in the frequency of business majors during and after the Great Recession. Second, the increase for STEM fields is spread across several detailed STEM fields, while the decrease in business majors is especially concentrated among finance and management. Third, we find strong heterogeneous effects by gender and race/ethnicity. Males are pushed away from business majors, while both males and females are pushed toward STEM majors; certain racial groups, such as white and Asian, seem to be affected more than others.