Table 5

Major Choice- Estimation of Gender-Specific Preferences

 Preference DataaChoice Datab
Males
(1)
Females
(2)
Males
(3)
Females
(4)
Δμ1 for graduating within four years−0.714
(0.744)
1.05
(0.797)
2.79
(2.48)
15.97***
(5.50)
Δμ2 for graduating with a GPA of ≥3.50.398
(0.474)
1.07**
(0.526)
−1.04
(1.65)
−0.54
(2.01)
Δμ3 for enjoying the coursework2.68***
(0.576)
3.38***
(0.409)
5.85***
(2.17)
8.87***
(2.43)
γ1 for hours/week spent on coursework0.016
(0.013)
0.01
(0.012)
−0.003
(0.048)
0.011
(0.041)
Δμ4 for approval of parents and family1.45***
(0.560)
1.19**
(0.491)
4.16**
(1.85)
5.71***
(1.58)
Δμ5 for finding a job upon graduation0.063
(0.508)
0.079
(0.469)
0.89
(1.08)
1.81
(1.28)
Δμ6 for enjoying work at available jobs0.669
(0.474)
1.86***
(0.405)
3.1
(2.14)
4.52**
(2.00)
Δμ7 for reconciling family and work at jobs0.64
(0.579)
0.045
(0.494)
−0.1
(2.38)
−0.001
(1.37)
γ2 for hours/week spent at work−0.007
(0.012)
0.008
(0.008)
0.048*
(0.026)
0.018
(0.027)
γ3 for the social status of available jobsc1.67***
(0.364)
0.382
(0.309)
1.60*
(0.940)
0.64
(0.920)
γ4 for expected Income at the age of 301.09E–06
(1.95E–06)
2.86E–07
(5.63E–07)
6.62E–06
(6.55E–06)
−2.57E-06
(8.27E-06)
Log-likelihood−615.03−761.04−71.86−81.88
Number of individuals69926992
Number of choice situationsd5517366992
  • Notes:

  • Maximum likelihood estimates of choice model using preference ranking data.

  • * significant at 10 percent;

  • ** significant at 5 percent;

  • *** significant at 1 percent; robust standard errors in parentheses.

  • a Using preference ranking data to estimate the choice model.

  • b Using stated (intended) choice data to estimate the choice model.

  • c Social status is on a scale of 1–8 (8 is highest status); normalized to 0.1–0.8. All other variables (except income and hours / week) are probabilities between 0 and 1.

  • d Each student has n – 1 choice situations for a choice set of size n.