Do Business Students Make Good Citizens?

Zurich IEER Working Paper No. 148

29 Pages Posted: 6 Aug 2003

See all articles by Stephan Meier

Stephan Meier

Federal Reserve Bank of Boston; IZA Institute of Labor Economics; Columbia Business School - Management

Bruno S. Frey

CREMA; University of Basel

Date Written: May 2003

Abstract

Business students are portrayed as behaving too egoistically. The critics call for more social responsibility and good citizenship behavior on the part of business students. We present evidence of pro-social behavior in business students. Every student at the University of Zurich has to decide each semester whether he/she wants to contribute to two social funds administrated by the University. With this large panel data set, we can analyze whether business students indeed behave less pro-socially than other students. Two specific hypotheses are tested: do students select into business studies or does the training in business studies indoctrinate students in a negative way? The evidence suggests that there may be a selection effect going on. Therefore, economics education does not change the citizenship behavior of business students.

Suggested Citation

Meier, Stephan and Frey, Bruno S., Do Business Students Make Good Citizens? (May 2003). Zurich IEER Working Paper No. 148. Available at SSRN: https://ssrn.com/abstract=413882 or http://dx.doi.org/10.2139/ssrn.413882

Stephan Meier (Contact Author)

Federal Reserve Bank of Boston ( email )

600 Atlantic Avenue
Boston, MA 02210
United States

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Columbia Business School - Management ( email )

3022 Broadway
New York, NY 10027
United States

Bruno S. Frey

CREMA ( email )

Südstrasse 11
Zurich, CH 8008
Switzerland
+41 44 380 00 78 (Phone)

University of Basel ( email )

Peter Merian-Weg 6
Basel, 4002
Switzerland

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