Národní úložiště šedé literatury Nalezeno 2 záznamů.  Hledání trvalo 0.00 vteřin. 
Make your own luck: the wage gains from starting college in a bad economy
Bičáková, Alena ; Cortes, G. M. ; Mazza, J.
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 cannot be explained by selection into employment or by economic conditions at the time of graduation. Changes in major field of study account for only about 10% of the observed earnings gains. The results are consistent with intensified effort exerted by students who experience bad economic times at the beginning of their studies.
Caught in the cycle: economic conditions at enrollment and labor market outcomes of college graduates
Bičáková, Alena ; Cortes, G. M. ; Mazza, J.
We find robust evidence that cohorts of graduates who enter college during worse economic\ntimes earn higher average wages than those who enter during better times. This difference is\nnot explained by differences in economic conditions at the time of college graduation, changes\nin _eld of study composition, or changes in selection into occupations or industries. Cohorts\nwho start college in bad times are not more positively selected based on their high-school\noutcomes, but they graduate with higher college grades, and earn higher wages conditional on\ntheir grades. Our results suggest that these cohorts exert more effort during their studies.

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