Raphael Brade @raphaelbrade.bsky.social · 13/02/2026New WP! We study whether telling first-year students about the earnings they forgo by delaying graduation changes their choices. Framing salaries as opportunity costs does not speed up progress but increases early dropout among students who are likely to exit eventually. www.ifo.de/DocDL/cesifo... 0104
Raphael Brade @raphaelbrade.bsky.social · 18/12/2025I'm very happy that this paper has found a home and has been published just in time for the holidays. Free access for 50 days: authors.elsevier.com/a/1mI6Bc24bB... 0104