The impact of business cycle fluctuations on graduate school enrollment
Matthew T. Johnson
Economics of Education Review, 2013, vol. 34, issue C, 122-134
Abstract:
This paper adds to the understanding of student decisions about graduate school attendance by studying the magnitude of the effect of business cycle fluctuations on enrollment. I use data on graduate school enrollment from the Current Population Survey and statewide variation in unemployment rates across time to proxy for changes in business cycle conditions. I find that overall graduate school enrollment is countercyclical for females and acyclical for males. I show that changes in the unemployment rate have non-linear impacts on female enrollment and that poor labor market conditions lead to a substitution from full-time enrollment to part-time enrollment for both genders.
Keywords: Graduate school; Higher education; Business cycles (search for similar items in EconPapers)
JEL-codes: I21 I23 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (52)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:34:y:2013:i:c:p:122-134
DOI: 10.1016/j.econedurev.2013.02.002
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