Do College Graduates Majoring in Humanity and Arts with a Double Major or Minor Obtain the Advantage in the Labor Market? An Application of Inverse Probability Weighting with Regression Adjustment Method in Research
This study used Taiwan Education Panel Study and Beyond to examine the impact of having a double major or minor on the performance of humanity and arts college graduates in the labor market. Multinomial logistic regression was employed to predict the probability of having a double major or minor. The results showed that father’s education and parents’ occupational status were strongly related to having either a double major or minor. The comprehensive ability of students can significantly predict college students’ graduation with a minor as well. Inverse probability weighting with regression adjustment was subsequently used to estimate the average treatment effect on treated with multi-level treatment. After controlling for self-selection, the results suggested that for college students with the first major in humanity and arts, having a double major or minor in the field of humanity and arts or in the field of social science and business upon their graduation did not improve their economic positions in the labor market. Within three years after college graduation, there were no significant differences among graduates with a double major, a minor, and a single major in the monthly salary in their primary jobs and the degree of relevance between their college majors and occupations.
|關鍵詞||教育回報、傾向分數倒數加權迴歸調整法、雙主修與輔系、return to education、inverse probability weighting with regression adjustment、double major and minor|