Work detail

The Impact of Student Employment on Educational Outcomes: A Meta-Analysis

Author: Mgr. Kateřina Kroupová
Year: 2021 - winter
Leaders: prof. PhDr. Tomáš Havránek Ph.D.
Work type: Finance, Financial Markets and Banking
Language: English
Pages: 114
Awards and prizes: Nomination Deloitte Outstanding Thesis Award
Abstract: Despite the extensive body of empirical research, the discussion on whether
student employment impedes or improves educational outcomes has not been
resolved. Using meta-analytic methods, we conduct a quantitative review of 861
effect estimates collected from 69 studies describing the relationship between
student work experience and academic performance. After outlining the theoretical mechanisms and methodological challenges of estimating the effect, we
test whether publication bias permeates the literature concerning educational
implications of student employment. We find that researchers report negative
estimates more often than they should. However, this negative publication bias
is not present in a subset of studies controlling for the endogeneity of student
decision to take up employment. Furthermore, after correcting for the negative
publication bias, we find that the student employment-education relationship
is close to zero. Additionally, we examine heterogeneity of the estimates using
Bayesian Model Averaging. Our analysis suggests that employment intensity
and controlling for student permanent characteristics are the most important
factors in explaining the heterogeneity. In particular, working long hours results in systematically more negative effect estimates than not working at all or
working only a few hours per week. In contrast, studies accounting for student
pre-existing characteristics such as ability yield consistently positive estimates.


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Patria Finance