Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/170925 
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers No. 10941
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
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.
Subjects: 
higher education
graduation
housing prices
unemployment
disadvantage
JEL: 
I21
I24
Document Type: 
Working Paper

Files in This Item:
File
Size
492.7 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.