Dr. Lin Tian Assistant Professor of Economics
“Field of Study, Career Choice, and Globalization”
Abstract: We study how students' field of study shapes the labor market consequences of trade shocks. We develop a dynamic general equilibrium framework that incorporates both a labor market where workers differ in their field of study, and an education margin where students choose their fields in anticipation of future demand. Leveraging uniquely rich Danish administrative data, and features of the Danish university application system, we develop a methodology to jointly estimate students' field preferences and key labor market parameters, while allowing for latent heterogeneity in workers' skills and student preferences. We find that heterogeneity in how responsive students are to shocks, with some students being substantially more responsive than previous estimates. However, we also find that students cluster into several preference types over fields of study---e.g., STEM---so that they are only elastic across a subset of fields. In ongoing work, we close the model and consider the general equilibrium consequences of globalization, as well as the effects of various labor market and education policies.
BIO: Lin Tian is an Assistant Professor of Economics at INSEAD. She holds a Bachelor degree in Economics and Statistics, and a Master degree in Statistics from Carnegie Mellon University. She earned her PhD in Economics from Columbia University.
Details:
Type: In Person and on Zoom
Time: Friday April 19,2024 from 1:00 to 2:30 PM
Location: Room 2125
Zoom ID: 920 0374 0009
Passcode: 2024
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