Information Provision and Postgraduate Studies
通过随机实验，研究提供研究生教育的金钱和非金钱回报信息如何影响学生的信念、入学意愿和实际入学，发现信息对男性和不同背景学生的影响存在差异。
This is the first paper to examine experimentally effects of information provision on beliefs about pecuniary and non‐pecuniary returns of postgraduate education, enrolment intentions and realized enrolment. We find that our treatment causally affects beliefs measured six months after treatment. The effects on beliefs differ by gender and academic background, and we find that stated enrolment intentions change accordingly; in particular, males adjust significantly downwards their beliefs and intentions to undertake postgraduate studies. This is driven by males upward adjusting earnings expectations with a first degree only. We follow the students further and provide evidence on actual enrolment one and two years after treatment. Taken together, this study highlights the relevance of information provision on pecuniary and non‐pecuniary labour market returns for postgraduate study decisions.