Work experience, information revelation, and study effort
研究了实习工作经验如何通过揭示成绩阈值信息,影响不同能力学生的学业努力选择,发现能力较低的学生增加努力,而能力较高的学生减少努力。
Abstract Firms screen graduates using grade thresholds, which can turn into students’ targeted learning outcomes or reference points in the model of study effort choice. Variability in the usage of grade thresholds implies students’ uncertainty about the value of grades. Work experience from internships can reduce this uncertainty and, in turn, affect the choice of study effort. We theoretically show that a reduction in uncertainty induces more effort from less able students but, in contrast, less effort from more able students. Consistent with the theory, we empirically find that students returning from year-long internships have a flatter grade-ability profile.