Oil Boom Lowers Human Capital Investment in Texas

Anil Kumar

Chapter 6 in Ten-Gallon Economy, 2015, pp 79-90 from Palgrave Macmillan

Abstract: Abstract Relative wages in Texas rose during the 1970s oil boom, increasing the opportunity cost of staying in school. Comparing Texas-born cohorts who graduated from high school during the oil boom with those in the pre-boom period suggests that the boom negatively affected college enrollment.

Keywords: Educational Attainment; Real Wage; Federal Reserve; Human Capital Investment; College Enrollment (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1057/9781137530172_6

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