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  1. KEEP
  2. Theses and Dissertations
  3. Barrett, The Honors College Thesis/Creative Project Collection
  4. Effect of a Local Labor Demand Shock on Postsecondary Education Enrollment
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Effect of a Local Labor Demand Shock on Postsecondary Education Enrollment

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Description

A growing number of jobs in the US require a college degree or technical education, and the wage difference between jobs requiring a high school diploma and a college education has increased to over $17,000 per year. Enrollment levels in postsecondary education have been rising for at least the past decade, and this paper attempts to tease out how much of the increasing enrollment is due to changes in the demand by companies for workers. A Bartik Instrument, which is a measure of local area labor demand, for each county in the US was constructed from 2007 to 2014, and using multivariate linear regression the effect of changing labor demand on local postsecondary education enrollment rates was examined. A small positive effect was found, but the effect size in relation to the total change in enrollment levels was diminutive. From the start to the end of the recession (2007 to 2010), Bartik Instrument calculated unemployment increased from 5.3% nationally to 8.2%. This level of labor demand contraction would lead to a 0.42% increase in enrollment between 2008 and 2011. The true enrollment increase over this period was 7.6%, so the model calculated 5.5% of the enrollment increase was based on the changes in labor demand.

Date Created
2016-05
Contributors
  • Herder, Daniel Steven (Author)
  • Dillon, Eleanor (Thesis director)
  • Schoellman, Todd (Committee member)
  • Economics Program in CLAS (Contributor)
  • Department of Psychology (Contributor)
  • Sandra Day O'Connor College of Law (Contributor)
  • School of Politics and Global Studies (Contributor)
  • Barrett, The Honors College (Contributor)
Topical Subject
  • Economics
  • College
  • Postsecondary Education
  • Education
  • Unemployment
  • Labor Economics
Resource Type
Text
Extent
17 pages
Language
eng
Copyright Statement
In Copyright
Primary Member of
Barrett, The Honors College Thesis/Creative Project Collection
Series
Academic Year 2015-2016
Handle
https://hdl.handle.net/2286/R.I.37409
Level of coding
minimal
Cataloging Standards
asu1
System Created
  • 2017-10-30 02:50:58
System Modified
  • 2021-08-11 04:09:57
  •     
  • 1 year 7 months ago
Additional Formats
  • OAI Dublin Core
  • MODS XML

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