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Title: Business Cycles, Race, and Investment in Graduate Education
Resulting in 1 citation.
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Bogan, Vicki L. Wu, Di |
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Business Cycles, Race, and Investment in Graduate Education Journal of Economics, Race, and Policy 1,2-3 (September 2018): 142-175. Also: https://link.springer.com/article/10.1007/s41996-018-0004-x Cohort(s): NLSY97 Publisher: Springer Keyword(s): Business Cycles; College Degree; College Major/Field of Study/Courses; Educational Attainment; Racial Differences; Unemployment Rate Permission to reprint the abstract has not been received from the publisher. This paper examines how macroeconomic factors influence household decision making with regard to human capital investment. We provide evidence suggestive of a causal relationship between macroeconomic indicators and the decision to pursue graduate education. Overall, we find graduate school enrollment is counter-cyclical with the business cycle and the magnitude of the relationship between macroeconomic indicators and the specific type of graduate school programs varies. In particular, we find differential racial effects of the business cycle on graduate school enrollment. The magnitude of the effects of the business cycle on graduate school enrollment is greater for some under-represented minority groups. |
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Bibliography Citation
Bogan, Vicki L. and Di Wu. "Business Cycles, Race, and Investment in Graduate Education." Journal of Economics, Race, and Policy 1,2-3 (September 2018): 142-175.
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