Make your own luck: the wage gains from starting college in a bad economy

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F23%3A00582616" target="_blank" >RIV/67985998:_____/23:00582616 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/00216208:11640/23:00574170

Výsledek na webu

<a href="https://doi.org/10.1016/j.labeco.2023.102411" target="_blank" >https://doi.org/10.1016/j.labeco.2023.102411</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.labeco.2023.102411" target="_blank" >10.1016/j.labeco.2023.102411</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Make your own luck: the wage gains from starting college in a bad economy

Popis výsledku v původním jazyce

Using data for nearly 40 cohorts of American college graduates and exploiting regional variation in economic conditions, we show robust evidence of a positive relationship between the unemployment rate at the time of college enrollment and subsequent annual earnings, particularly for women. This positive relationship is not driven by selection into employment or by economic conditions at the time of labor market entry. It also cannot be explained by differential sorting into college majors or post-graduate education. Up to one third of the effect is accounted for by sorting towards more remunerative locations. The results are consistent with a behavioral change that induces individuals who experience bad economic times at the beginning of their studies to exert more effort toward obtaining higher paying jobs.

Název v anglickém jazyce

Make your own luck: the wage gains from starting college in a bad economy

Popis výsledku anglicky

Using data for nearly 40 cohorts of American college graduates and exploiting regional variation in economic conditions, we show robust evidence of a positive relationship between the unemployment rate at the time of college enrollment and subsequent annual earnings, particularly for women. This positive relationship is not driven by selection into employment or by economic conditions at the time of labor market entry. It also cannot be explained by differential sorting into college majors or post-graduate education. Up to one third of the effect is accounted for by sorting towards more remunerative locations. The results are consistent with a behavioral change that induces individuals who experience bad economic times at the beginning of their studies to exert more effort toward obtaining higher paying jobs.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/LX22NPO5101" target="_blank" >LX22NPO5101: Národní institut pro výzkum socioekonomických dopadů nemocí a systémových rizik</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Labour Economics

ISSN

0927-5371

e-ISSN

1879-1034

Svazek periodika

84

Číslo periodika v rámci svazku

October

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

14

Strana od-do

102411

Kód UT WoS článku

001039383900001

EID výsledku v databázi Scopus

2-s2.0-85164404344