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Friends, Family but no Fools: Occupation choice of young individuals

theme Theme 2: The role of technology in growth and development 
time frame 2006-2010 
researcher(s) Robin Cowan
Ezequiel Tacsir
description Economic development is a complex process of structural change characterized by an intricate economic, cultural, institutional and technological co-evolution. This process requires changes in the nature of capital, both physical and human, that are accumulated. At the same time, values, institutions, sectors, physical and human capital are all renewed and changed continually as the process takes place. During the process of development, on one side, there is a permanent interaction and potential tension between the changes observed in the economic realm and those observed in what we could label as institutional and cultural or socially determined spheres. These spheres can both act as propellers or inhibiting forces of the process of development. One important manifestation of this potential tension can be found in the process of occupation choice and replacement of new occupations. As the production structure becomes more diversified, we would expect to observe a change in the type of occupations and professions that the individuals choose to follow. However, this is not always the case. In this research, we will focus on the choice of university career and its implications to understand the process of development. Specifically throughout the thesis we will focus on a set of factors that we believe influence the choice of university careers: a) institutional factors operating at the level of the higher education institutions and government policies; b) role of family background and individual education experiences; c) perceptions about careers and their rewards and; d) sources and means of collecting information by young individuals. Our particular interest will be put in the case of Argentina, a middle-income country that presents high levels of participation at the higher education level but low (and seemingly decreasing) shares of enrollments and graduation in science and technology (STEM) related disciplines (see more below). 
deliverables (i) Scientific journal article on the analytical modelling of the influence of approbation and its interplay with economic rewards. (ii) Scientific Journal article on the growth implications of the existence of approbation granting rules influencing invetment choices. (iii) Scientific journal article relating the modelling and simulations with the empirical evidence. (iv) Ph.D. Thesis 

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