Education Commons^™

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

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

Brad J. Hershbein

No abstract provided.

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 …

Student Loans And The Dynamics Of Debt, Brad Hershbein, Kevin Hollenbeck

Brad J. Hershbein