This paper examines the relative performance of individuals in each profession affects the demand for this profession by college entrants. The performance in the labor market is measured by the mean and standard deviation of wages earned by individuals in each profession and by the unemployment rate in the census in the years close to the entrance exam. The demand for the profession is measured by the number of students enrolled in the entrance exam in each career. We use panel data for the years of 1991 and 2000 to control for the specific effect of each career. The results show a positive and robust effect of the average income on the demand for the profession, which persists even in the panel data analysis, and negative effects of the wage dispersion and unemployment, which were not robust, however.
careers; professions; labor market; income; Fuvest
