Graduation Year

2021

Date of Submission

11-2020

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Jessamyn Schaller

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Abstract

Numerous studies show how external factors influenced by an adolescent’s socioeconomic status (SES) affect their future income and occupation. Additionally, internal factors such as self-efficacy, motivation, and self-esteem also influence career outcomes. In this study, I examine whether or not there is a three-tiered relationship in which adolescent SES influences self-efficacy, which then affects career outcomes in adulthood. My findings show that there is a weak but positive relationship between family income in adolescence and beliefs about future income, but no direct relationship between family income and self-esteem. These self-efficacy measures also don’t seem to be a mechanism through which family income in adolescence affects adult income.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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