<?xml version='1.0' encoding='UTF-8'?><xml><records><record><source-app name="HighWire" version="7.x">Drupal-HighWire</source-app><ref-type name="Journal Article">17</ref-type><contributors><authors><author><style face="normal" font="default" size="100%">Conlon, John J.</style></author></authors><secondary-authors></secondary-authors></contributors><titles><title><style face="normal" font="default" size="100%">Major Malfunction: A Field Experiment Correcting Undergraduates’ Beliefs about Salaries</style></title><secondary-title><style face="normal" font="default" size="100%">Journal of Human Resources</style></secondary-title></titles><dates><year><style  face="normal" font="default" size="100%">2019</style></year><pub-dates><date><style  face="normal" font="default" size="100%">2019-09-16 14:50:54</style></date></pub-dates></dates><elocation-id><style  face="normal" font="default" size="100%">0317-8599R2</style></elocation-id><doi><style  face="normal" font="default" size="100%">10.3368/jhr.56.3.0317-8599R2</style></doi><volume><style face="normal" font="default" size="100%"></style></volume><issue><style face="normal" font="default" size="100%"></style></issue><abstract><style  face="normal" font="default" size="100%">I test, in a field experiment at a flagship state university in the US, whether providing college students salary information can affect their choices of major and classes. I find that undergraduates are substantially misinformed about mean salaries by major. On average, students in my sample underestimate mean salaries, but there is also large heterogeneity in beliefs across individuals. I also find that providing information to correct these errors has a large impact on students’ choices; students in the treatment group were nine percentage points (16%) more likely to major in a field about which they received information.</style></abstract></record></records></xml>