Does Exposure to Economics Bring New Majors to the Field? Evidence from a natural Experiment.
This study investigates how being exposed to a field of study influences students’ major choices. We exploit a natural experiment at a Swiss university where all first-year students face largely the same curriculum before they choose a major. An important component of the first-year curriculum that varies between students involves a multi-term research paper in business, economics, or law. Due to oversubscription of business, the university assigns the field of the paper in a standardized way that is unrelated to student characteristics. We find that being assigned to write in economics raises the probability of majoring in economics by 2.7 percentage points, which amounts to 18 percent of the share of students who major in economics.
Andreas Steinmayr received funding from the Swiss National Science Foundation for this project through grant P2SGP1_155412. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.