Titelaufnahme

Titel
Housing prices, unemployment rates, disadvantage, and progress toward a degree / Leslie S. Stratton (Virginia Commonwealth University, IZA and LCC, University of Queensland) ; IZA Institute of Labor Economics
VerfasserStratton, Leslie S. In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, August 2017
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (55 Seiten) : Diagramme
SerieDiscussion paper ; no. 10941
URNurn:nbn:de:hbz:5:2-137289 Persistent Identifier (URN)
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Volltexte
Housing prices, unemployment rates, disadvantage, and progress toward a degree [0.48 mb]
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Zusammenfassung

Rising unemployment and housing price appreciation are associated with increased college enrollment. Enrollment does not, however, guarantee completion. We use a discrete time, competing hazard function that accommodates individual-specific heterogeneity to assess the impact changing unemployment and housing prices have on progress toward a college degree in the United States for students interviewed for the 1996-2001 Beginning Post-Secondary Survey. The results indicate that rising unemployment rates have at best a modest effect on six year graduation rates. Both boys and girls are, however, more likely to not be enrolled and less likely to have graduated at the six-year mark when housing prices appreciate, and this effect is more pronounced for more disadvantaged youth.