Replication data for: Housing Booms and Busts, Labor Market Opportunities, and College Attendance

Principal Investigator(s): View help for Principal Investigator(s) Kerwin Kofi Charles; Erik Hurst; Matthew J. Notowidigdo

Version: View help for Version V1

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chn_housing_booms_and_college			10/12/2019 05:27:AM
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Project Citation:

Charles, Kerwin Kofi, Hurst, Erik, and Notowidigdo, Matthew J. Replication data for: Housing Booms and Busts, Labor Market Opportunities, and College Attendance. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113109V1

Project Description

Summary: We study how the recent housing boom and bust affected college enrollment during the 2000s. We exploit cross-city variation in local housing booms, which improved labor market opportunities for young men and women. We find that the boom lowered college enrollment, with effects concentrated at two-year colleges. The decline in enrollment during the boom was generally reversed during the bust; however, attainment remains persistently low for particular cohorts, suggesting that reduced educational attainment is an enduring effect of the recent housing cycle. The housing boom can account for approximately 25 percent of the recent slowdown in college attainment.

Scope of Project

JEL Classification:
      I23 Higher Education; Research Institutions
      I25 Education and Economic Development
      J24 Human Capital; Skills; Occupational Choice; Labor Productivity
      J31 Wage Level and Structure; Wage Differentials
      R21 Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
      R31 Housing Supply and Markets

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V1 [2019-10-12]

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