Join our mailing list!
(Your shopping cart is empty)
Diane Publishing Books
Supply of College-Educated Workers: The Roles of College Premia, College Costs, and Risk
Product price is not filled in. This product cannot be purchased.
Kartik Athreya (au); Janice Eberly (au)
Despite a large measured college premium, roughly one-third of all high-school graduates currently do not enroll in any form of college. Moreover, while recent increases in the premium have been accompanied by increases in enrollment, college attainment has remained flat. This paper studies the roles played by college premia, college costs, and risk, ceteris paribus, for college enrollment and attainment in a simple quantitative model of risky college investment. Results suggest that most U.S. high-school completers are currently inframarginal with respect to the college premium. The authors find, however, that the levels of current premia, costs, and uninsurable risks all matter for this. Their results imply that, barring improvements in collegiate preparedness and attrition rates, high and persistent college premia, with high attendant levels of earnings inequality, may accompany the shift in demand towards skilled labor, which recent work suggests is under way. Figures. This is a print on demand report.
Women Warriors: A History
Live Now, Age Later: Proven Ways to Slow Down the Clock
Your Mental Health: A Layman's Guide to the Psychiatrist's Bible
Sale Price: $14.00
Yukon Alone: The World’s Toughest Adventure Race
Fabric of the Future: Women Visionaries Illuminate the Path to Tomorrow
Share your knowledge of this product with other customers...
Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
Become an Affiliate
Send Us Feedback
Copyright ï¿½ 2004 Diane Publishing Company. All Rights Reserved.