Now showing 1 - 10 of 14
  • Publication
    Decomposing gender differences in college student earnings expectations
    (University College Dublin. Geary Institute, 2010-09) ; ;
    Despite the increasing coverage and prevalence of equality legislation and the general alignment of key determining characteristics such as educational attainment, gender differentials continue to persist in labour market outcomes, including earnings. Recently, evidence has been found supporting the role of typically unobserved non-cognitive factors in explaining these gender differentials. We contribute to this literature by testing whether gender gaps in the earnings expectations of a representative group of Irish university students are explained by simultaneously controlling for gender heterogeneity across a wide array of cognitive and noncognitive factors. Non-cognitive factors were found to play a significant role in explaining the gender gap, however, gender differentials persist even after controlling for an extensive range of cognitive and non-cognitive factors. Nearly three-quarters of the short run and two-thirds of the long run differential could not be explained.
      304
  • Publication
    Micro-level determinants of lecture attendance and additional study-hours
    (University College Dublin. School of Economics, 2010-08) ; ;
    This paper uses novel measures of individual differences that produce new insights about student inputs into the (higher) education production function. The inputs examined are lecture attendance and additional study-hours. The data were collected through a web-survey that the authors designed. The analysis includes the following measures: willingness to take risks, consideration of future consequences and non-cognitive ability traits. Besides age, gender and year of study, the main determinants of lecture attendance and additional study-hours are attitude to risk, future-orientation and conscientiousness. In addition, future-orientation, and in particular conscientiousness, determine lecture attendance to a greater extent than they determine additional study. Finally, we show that family income and financial transfers (from both parents and the state) do not determine any educational input. This study suggests that non-cognitive abilities may be more important than financial constraints in the determination of inputs related to educational production functions.
      290
  • Publication
    The determinants of self-rated health in the Republic of Ireland : further evidence and future directions
    (University College Dublin. Geary Institute, 2007-12-10) ; ; ;
    This paper examines the determinants of self-rated health in the Republic of Ireland using data from the 2001 Quarterly National Household Survey Health Module and the 2005 ESRI Time Usage Survey. Results indicate that self-rated health is a useful proxy for self-reported chronic illness indices. Higher education, having private medical insurance cover and being married is associated with better self-rated health. The strong inverse relationship between age and self-rated health is found to be robust to the inclusion of self-reported morbidity. Caregivers display lower self-rated health, even after controlling for age, marital status and education. We find only minor effects of gender. Understanding further the causal nature of the above associations is a key issue for future research.
      247
  • Publication
    Experimental tests of survey responses to expenditure questions
    (University College Dublin. Geary Institute, 2009-07) ; ;
    This paper tests for a number of survey effects in the elicitation of expenditure items. In particular we examine the extent to which individuals use features of the expenditure question to construct their answers. We test whether respondents interpret question wording as researchers intend and examine the extent to which prompts, clarifications and seemingly arbitrary features of survey design influence expenditure reports. We find that over one quarter of respondents have difficulty distinguishing between “you” and “your household” when making expenditure reports; that respondents report higher pro-rata expenditure when asked to give responses on a weekly as opposed to monthly or annual time scale; that respondents give higher estimates when using a scale with a higher mid-point; and that respondents give higher aggregated expenditure when categories are presented in a disaggregated form. In summary, expenditure reports are constructed using convenient rules of thumb and available information, which will depend on the characteristics of the respondent, the expenditure domain and features of the survey question. It is crucial to further account for these features in ongoing surveys.
      570
  • Publication
    Behavioural economics and drinking behaviour : preliminary results from an Irish college study
    (University College Dublin. Geary Institute, 2007-01-31) ; ;
    This paper examines the results of single-equation regression models of the determinants of alcohol consumption patterns among college students modelling a rich variety of covariates including gender, family and peer drinking, tenure, personality, risk perception, time preferences and age of drinking onset. The results demonstrate very weak income effects and very strong effects of personality, peer drinking (in particular closest friend), time preferences and other substance use. The task of future research is to verify these results and assess causality using more detailed methods.
      385
  • Publication
    Validating the use of vignettes for subjective threshold scales
    (University College Dublin. School of Economics, 2008-04) ; ; ; ;
    Comparing self-assessed indicators of subjective outcomes such as health, work disability, political efficacy, job satisfaction, etc. across countries or socio-economic groups is often hampered by the fact that different groups use systematically different response scales. Anchoring vignettes have been introduced as an effective tool to correct for such differences. This paper develops an integrated framework in which objective measurements are used to validate the vignette based corrections. The framework is applied to vignettes and objective and subjective self-assessments of drinking behavior by students in Ireland. Model comparisons using the Akaike information criterion favor a specification with response consistency and vignette corrected response scales. Put differently, vignette based corrections appear quite effective in bringing objective and subjective measures closer together.
      288
  • Publication
    Parental education, grade attainment and earnings expectations among university students
    (University College Dublin. Geary Institute, 2010-08-11) ; ;
    While there is an extensive literature on intergenerational transmission of economic outcomes (education, health and income for example), many of the pathways through which these outcomes are transmitted are not as well understood. We address this deficit by analysing the relationship between socio-economic status and child outcomes in university, based on a rich and unique dataset of university students. While large socio-economic differences in academic performance exist at the point of entry into university, these differences are substantially narrowed during the period of study. Importantly, the differences across socio-economic backgrounds in university grade attainment for female students is explained by intermediating variables such as personality, risk attitudes and time preferences, and subject/college choices. However, for male students, we explain less than half of the socio-economic gradient through these same pathways. Despite the weakening socio-economic effect in grade attainment, a key finding is that large socio-economic differentials in the earnings expectations of university students persist, even when controlling for grades in addition to our rich set of controls. Our findings pose a sizable challenge for policy in this area as they suggest that equalising educational outcomes may not translate into equal labour market outcomes.
      558
  • Publication
    Enhancing the comparability of self-rated skills-matching using anchoring vignettes
    (Irish Economic Association, 2009-01-16) ; ;
    This research is concerned with the skills-match between researchers' Ph.D. training and their subsequent university employment. Self-rated skills-matching is considered in light of the anchoring vignettes technique. This technique is used to adress comparability issues in survey research. It has been documented that individuals with more education and skills have the highest expectations for their jobs and careers; and are more easily disappointed. This is one reason why there may be comparability problems in self-rated skills matching. Only a few studies (at least one using objective data, a few more using self- reported data) have examined the issue of skills-matching. Furthermore, the results from objective data are somewhat problematic. This underscores the need to apply anchoring vignettes to self-reported data. Mismatch is associated with substantially lower earnings; with more comparable measures, wage penalties can be more accurately estimated.
      859
  • Publication
    Psychological and biological foundations of time preference : evidence from a day reconstruction study with biological tracking
    (University College Dublin. Geary Institute, 2008-08-10) ; ;
    This paper considers the relationship between the economic concept of time preference and relevant concepts from psychology and biology. Using novel data from a time diary study conducted in Ireland that combined detailed psychometric testing with medical testing and real time bio-tracking, we examine the distribution of a number of psychometric measures linked to the economic concept of time preferences and test the extent to which these measures form coherent clusters and the degree to which these clusters are related to underlying biological substrates. The paper finds that financial discounting is related to a range of psychological variables including consideration of future consequences, self-control, conscientiousness, extraversion, and experiential avoidance as well as being predicted by heart rate variability and blood pressure.
      602
  • Publication
    Naturalistic monitoring of the affect-heart rate relationship : a day reconstruction study
    (University College Dublin. Geary Institute, 2009-01-02) ; ; ; ;
    Objective: Prospective studies have linked both negative affective states and trait neuroticism with hypertension, cardiovascular disease, and mortality. However, identifying how fluctuations in cardiovascular activity in day-to-day settings are related to changes in affect and stable personality characteristics has remained a methodological and logistical challenge. Design: In the present study, we tested the association between affect, affect variability, personality and heart rate (HR) in daily life. Measures: We utilized an online day reconstruction survey to produce a continuous account of affect, interaction, and activity patterns during waking hours. Ambulatory HR was assessed during the same period. Consumption, activity, and baseline physiological characteristics were assessed in order to isolate the relationships between affect, personality and heart rate. Results: Negative affect and variability in positive affect predicted an elevated ambulatory HR and tiredness a lower HR. Emotional stability was inversely related to HR, whereas agreeableness predicted a higher HR. Baseline resting HR was unrelated to either affect or personality. Conclusion: The results suggest that both state and trait factors implicated in negative affectivity may be risk factors for increased cardiovascular reactivity in everyday life. Combining day reconstruction with psychophysiological and environmental monitoring is discussed as a minimally invasive method with promising interdisciplinary relevance.
      1040