Titelaufnahme

Titel
Industry fluctuations and college major choices: evidence from an energy boom and bust / Luyi Han (Oklahoma State University), John V. Winters (Iowa State University, CARD and IZA) ; IZA Institute of Labor Economics
VerfasserHan, Luyi ; Winters, John V.
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, September 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (44 Seiten) : Diagramme
SerieDiscussion paper ; no. 12614
URNurn:nbn:de:hbz:5:2-199250 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Industry fluctuations and college major choices: evidence from an energy boom and bust [1 mb]
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Zusammenfassung

This paper examines how college students in the United States altered their college major decisions during the energy boom and bust of the 1970s and 1980s. We focus on petroleum engineering and geology, two majors closely related to the energy industry. We find strong evidence that the energy boom increased the prevalence of these two energy-related majors and the energy bust lowered the prevalence of these majors. Effects are particularly strong for young people born in energy intensive states. Thus, college major decisions responded to industry fluctuations with important location-specific effects consistent with frictions to migration and information flows.