Full Citation

Title: Housing Booms and Busts, Labor Market Opportunities, and College Attendance

Citation Type: Journal Article

Publication Year: 2018

ISBN:

ISSN:

DOI: 10.1257/aer.20151604

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Abstract: 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

Url: https://pubs.aeaweb.org/doi/10.1257/aer.20151604

User Submitted?: No

Authors: Charles, Kerwin Kofi; Hurst, Erik; Notowidigdo, Matthew J.

Periodical (Full): American Economic Review

Issue: 10

Volume: 108

Pages: 2947-2994

Data Collections: IPUMS USA

Topics: Housing and Segregation, Labor Force and Occupational Structure, Other

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