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Articles 1 - 6 of 6
Full-Text Articles in Education
Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein
Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein
Brad J. Hershbein
Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income backgrounds. For individuals whose family income in high school was above 1.85 times the poverty level, we estimate that career earnings for bachelor’s graduates are 136 percent higher than earnings for those whose education stopped at high school. However, for individuals whose family income during high school was below 1.85 times the poverty level, the career …
Refining Workforce Education Supply And Demand Analysis: Final Report, Brad J. Hershbein, Kevin Hollenbeck
Refining Workforce Education Supply And Demand Analysis: Final Report, Brad J. Hershbein, Kevin Hollenbeck
Brad J. Hershbein
No abstract provided.
Worker Signals Among New College Graduates: The Role Of Selectivity And Gpa, Brad J. Hershbein
Worker Signals Among New College Graduates: The Role Of Selectivity And Gpa, Brad J. Hershbein
Brad J. Hershbein
Recent studies have found a large earnings premium to attending a more selective college, but the mechanisms underlying this premium have received little attention and remain unclear. In order to shed light on this question, I develop a multidimensional signaling model relying on college grades and selectivity that rationalizes students’ choices of effort and firms’ wage-setting behavior. The model is then used to produce predictions of how the interaction of the signals should be related to wages, namely that the return on college GPA should fall the more selective the institution attended. Using five data sets that span the early …
A Second Look At Enrollment Changes After The Kalamazoo Promise, Brad J. Hershbein
A Second Look At Enrollment Changes After The Kalamazoo Promise, Brad J. Hershbein
Brad J. Hershbein
No abstract provided.
Is College The New High School? Evidence From Vacancy Postings, Brad Hershbein
Is College The New High School? Evidence From Vacancy Postings, Brad Hershbein
Brad J. Hershbein
Do firms demand more skilled workers in a slack labor market? We use a new database of job vacancy postings, containing a near-universe of electronic posts in U.S. metro areas, collected by the firm Burning Glass over the period 2010-2013. We find evidence of upskilling – firms demanding more skilled workers – when the local unemployment rate is higher, i.e., in places where the recovery following the Great Recession was slower. Our estimates imply that firms demand three-quarters of a year more schooling on average in a large recession compared to a boom. We find that at least two-thirds of …
A Second Look At Enrollment Changes After The Kalamazoo Promise, Brad Hershbein
A Second Look At Enrollment Changes After The Kalamazoo Promise, Brad Hershbein
Brad J. Hershbein
While previous research has documented how the Kalamazoo Promise, the most prominent and generous place-based college scholarship program, increased enrollment in Kalamazoo Public Schools, this paper qualifies and quantifies the characteristics of students who were induced to enter—or stay—in the district. In particular, it analyzes the origins and destinations, socioeconomic composition, and school-level sorting behavior associated with student flows around the time of the Promise announcement. These dimensions are more subtle than changes in the volume of students or measures of their individual success, but they are equally important to understand for communities exploring the feasibility of place-based scholarships as …