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Did the Value of a College Degree Decline during the Great Recession?

William Nober, Rajashri Chakrabarti and Michelle Jiang
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William Nober: Research and Statistics Group
Michelle Jiang: Research and Statistics Group

No 20190710, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: The authors have previously explored the impact of choices regarding school and major on employment, earnings, and upward economic mobility. In this post they extend their work with an investigation into whether these labor market effects were preserved across the last business cycle: Did students with certain types of educational attainment weather the recession better?

Keywords: Earnings; Employment; Recession; Economic mobility; Boom; Bust; Inequality (search for similar items in EconPapers)
Date: 2019-07-10
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