Three Essays On The Role Of Higher Education In Inequality
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Three Essays On The Role Of Higher Education In Inequality
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Author : Jung In
language : en
Publisher:
Release Date : 2021
Three Essays On The Role Of Higher Education In Inequality written by Jung In and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
Three Essays On Higher Education And Inequality
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Author : Noah Hirschl
language : en
Publisher:
Release Date : 2023
Three Essays On Higher Education And Inequality written by Noah Hirschl and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
This dissertation consists of three studies that shed light on the ongoing transformation of higher education's role in producing inequality and transmitting advantages across generations in the United States. The first chapter examines the most educated Americans: graduate and professional degree holders. The subsequent two chapters, by contrast, shift focus to young adults' transition into higher education, examining how schools and local labor markets shape racial inequality in the transition from high school to college.The first empirical chapter examines horizontal stratification among graduate and professional degree programs and their connection to the new economic elite. Compared to the baccalaureate level, there has been relatively little empirical research on distinctions among graduate and professional degrees and how they relate to labor market inequality. I add to this emerging literature with 30 years of linked survey data containing an unprecedented level of detail on the lives of the most educated Americans. I track recent historical changes in who attains top-ranked MBAs, JDs, MDs, and PhDs, finding a marked increase in the influence of parental education on elite degree attainment. This novel evidence suggests the solidifying of an intergenerational class of highly educated professionals in the United States. Second, I explore the earnings returns to program rank across different degree types, and by gender and parental education, with a particular focus on the top percentile of the earnings distribution. Unlike at the baccalaureate level, the earnings returns to prestige vary significantly across fields, such that they are much higher in MBA and JD programs than research doctorate or medical programs. I also find that the earnings returns to prestige are higher for children from less-educated families, suggesting a potential equalizing effect of elite postbaccalaureate programs. The second empirical chapter examines how local labor markets shape college attendance behavior differently by race and gender. A long-standing sociological literature has established that white students are substantially less likely to attend four-year colleges than are Black students with similar socioeconomic resources and academic performance. Drawing on accounts of racial labor market segregation among workers without bachelor's degrees, I hypothesize that racialized and gendered access to good sub-baccalaureate jobs-for instance, jobs in the trades-may account for racial differences in college attendance. I test this hypothesis empirically using administrative data on students attending high school in Wisconsin, examining net racial differences in college attendance across labor markets with varying degrees of racial occupational segregation. I do not find clear support for my hypothesis. However, I do find that white boys are more likely than Black boys to attend two-year colleges in places with more racially segregated labor markets. This finding suggests that a net-White advantage in vocational education pathways parallels the net-Black advantage in four-year college attendance, and provides some support for the hypothesized labor market mechanism. The third empirical chapter, co-authored with Christian Michael Smith, examines how high school course enrollment policies and school officials' decision-making affect racial inequality in high school tracking on the path to college. Prior work in sociology has produced conflicting evidence on whether and to what extent school officials' decision-making contributes to these patterns. We advance this literature by examining the effects of schools' enrollment policies for Advanced Placement (AP) courses. Using a unique combination of school survey data and administrative data from Wisconsin, we examine what happens to racial inequality in AP participation when school officials enforce performance-based selection criteria, which we call "course gatekeeping." We find that course gatekeeping has racially disproportionate effects. Although racialized differences in prior achievement partially explain the especially large negative effects among students of color, course gatekeeping produces Black-white and Hispanic-white disparities in participation even among students with similar, relatively low prior achievement. We further find that course gatekeeping has longer-run effects, particularly discouraging Black and Asian or Pacific Islander students from attending highly selective four-year colleges.
Three Essays On The Economics Of Higher Education
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Author : Safa Ragued
language : en
Publisher:
Release Date : 2017
Three Essays On The Economics Of Higher Education written by Safa Ragued and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
My thesis bridges two different literatures namely, the Economics of Education and Labor Economics. These two literatures are brought together to bear on public policy aimed at enhancing human capital and preventing inefficient schooling paths. The first chapter proposes a general equilibrium model of enrollment in higher education and labor supply, in the context of uncertain return on higher education and internationally mobile capital. The study aims to contrast the performances of different wage tax proposals on skill formation. The results suggest that the quantitative impact on skill formation of switching from the flat to the progressive tax varies with the level of efficiency with which higher education imparts graduates with suitable skills. This impact is negative when the level of efficiency of higher education is low and positive when it is high. The second chapter raises the issue of income inequality. The model considers three types of interventions on which the government could take action to maximize social welfare: financing early education, subsidizing college tuition and/or redistributing income through taxation. The study jointly determines the optimal level of these policies using a model of college enrollment. When calibrated to empirical evidence from the Canadian Province of Ontario, the model predicts an optimal policy mix characterized by the coexistence of redistributive taxation, public investment in K-12 education, and public subsidies for college tuition. Compared to the Status Quo policy scenario in Ontario, the optimal policy mix exhibits a lower share of public funds allocated to K-12 education, a higher share allocated to college tuition subsidies, and a higher level of redistributive taxation. More importantly, the results conclude that studies that do not jointly determine the optimal levels of the three policy options tend to overestimate these levels. While the first two chapters study the optimality of public policies, the third chapter empirically tackles the issue of temporary interruption of higher education, particularly, its effect on subsequent wages. Most of the studies that address the issue of the economic consequences of schooling interruption, examine dropping-out as a permanent decision. Little attention has so far been given to the effect of temporary drop out on earnings despite the substantial number of dropouts who at some point decide to re-enroll and complete their education. This chapter contributes to the understanding of this issue by investigating the extent to which schooling discontinuities affect post-graduation starting real wages and whether the latter are differently influenced by the reasons behind these discontinuities. This subject is examined using data from the 2007 National Graduate Survey. The covariates endogeneity is taken into account using Lewbel's (2012) generated instrument approach. The latter imposes some reasonable restrictions on the conditional second moments of the data, under heteroscedasticity of the error terms of the endogenous covariates. Under these constraints, the Lewbel framework provides generated instruments which are used along with additional external instruments, to estimate the model. Conditional on the levels of schooling and experience, the results find a positive effect on wages of temporary schooling interruption for men who had held a full-time job during their out-of-school spell(s). Both men and women witness a wage decrease if their interruption is associated with health issues. Women also bear a wage penalty if their interruption is due to a part-time job, to lack of money, or is caused by reasons other than health, work, and money.
Essays On The Roles Of Financial And Higher Education Institutions In Macroeconomics
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Author : Damien Capelle
language : en
Publisher:
Release Date : 2020
Essays On The Roles Of Financial And Higher Education Institutions In Macroeconomics written by Damien Capelle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
The thesis consists of three essays in macroeconomics. Chapter 1 analyzes the role of higher education in shaping income inequality and intergenerational mobility. I introduce a model where overlapping generations of heterogeneous households make college choices subject to a borrowing constraint and with heterogeneous colleges that maximize quality. First, in response to the observed rise in the returns to human capital in the U.S. since 1980, the model predicts an increase in income inequality, tuition, the dispersion of spending per-student across colleges, the exclusion of low-income students from top colleges, and the intergenerational elasticity of earnings (IGE), all consistent with the data. Second, I use the model to run counterfactuals. If all students received the same higher education, the income Gini and the IGE would decrease by up to 9% and 33%, respectively. Current government interventions--financial aid and transfers to colleges--decrease the Gini coefficient by 3% and the IGE by 12% compared to the laissez-faire.Chapter 2 presents series on dispersion of expenditures per student, revenues and faculty per student across colleges from 1980 to 2016 in the United States using IPEDS data. Inequality across students have been slowly and steadily increasing over the period. The increase is half as large as the increase in annual household income inequality. The trend is driven by four-year colleges, both within and between non-profit private and public colleges. The average and the progressivity of government transfers to higher education institutions have sharply declined since 1980, especially at four-year institutions.Chapter 3 develops a model where large financial intermediaries subject to systemic runs internalize the effect of their leverage on aggregate risk, returns and asset prices. Near the steady-state, they restrict leverage to avoid the risk of a run which gives rise to an accelerator effect. For large adverse shocks, the system enters a zone with high leverage and possibly runs. The length of time the system remains in this zone depends on the degree of concentration through a franchise value, price-drop and recapitalization channels. The speed of entry of new banks after a collapse has a stabilizing effect.
Three Essays On Educational Inequality In China
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Author : Duoduo Xu
language : en
Publisher:
Release Date : 2016
Three Essays On Educational Inequality In China written by Duoduo Xu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Children of migrant laborers categories.
Starting And Finishing
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Author : Christian Michael Smith
language : en
Publisher:
Release Date : 2020
Starting And Finishing written by Christian Michael Smith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Two recurring findings at the intersection of social stratification and education research are (1) on the hopeful side, the power of a postsecondary education to dampen the influence of socioeconomic origins on socioeconomic destinations, and (2) the less sanguine finding that postsecondary participation and completion are distributed with massive inequality across socioeconomic origins. With the goal of finding ways to ameliorate this inequality, this dissertation comprises three studies that draw on substantive literature in social stratification and methodological literature in causal inference and effect heterogeneity. Each study assesses whether one idea for how to narrow socioeconomic inequality in postsecondary education holds up against empirical scrutiny. Chapter 2 Précis Studies in social stratification have used siblings as a tool to learn about the intergenerational transmission of advantage but less often have asked how siblings impact one another's life chances. I draw on social capital theory and hypothesize that, when youths attend college, they increase the probability that their siblings attend college. I further hypothesize that this effect is strongest among youths whose parents do not have college degrees. Findings from a U.S. national probability sample support both hypotheses. While it is possible that confounding factors drive the estimates, I conduct robustness checks that show confounding would need to be very atypically strong to invalidate a causal interpretation. The positive main effect suggests that an intragenerational transmission of educational advantage exists alongside the intergenerational transmission that receives more attention. Effect heterogeneity points to the potential redundancy of college-educated siblings' benefits when youths already receive similar benefits from college-educated parents. Chapter 3 Précis In 2015, Wisconsin began mandating that all 11th-grade students in public high schools take the ACT college entrance exam and the WorkKeys career readiness assessment. With a series of quasi-experimental analyses, we evaluate this policy. Applying an interrupted time series analysis, we estimate heterogeneous effects of the policy on four-year college attendance with joint respect to economic disadvantage status and propensity to take the ACT in the absence of the policy. We find that the policy has boosted four-year college attendance among economically disadvantaged students with middling propensities to take the ACT and among economically advantaged students with high propensities. Overall, the evidence suggests that the policy induced more economically advantaged students than economically disadvantaged students to attend a four-year college. A regression discontinuity design fails to find evidence that being deemed career-ready by one's WorkKeys scores affects one's probability of four-year college attendance, casting some doubt that the WorkKeys component of the policy played a significant role in the impacts of the policy on college attendance. The results tentatively suggest that students update their college attendance behavior based on new information about their college readiness but not based on new information about the immediate returns to forgoing college. Accordingly, the results lend qualified support to Bayesian learning theory. Chapter 4 Précis According to the theory of Effectively Maintained Inequality (EMI), children of economically advantaged parents not only enter each level of (post)secondary education at higher rates than do their less advantaged peers, but also enjoy educational opportunities at each level that position them more favorably to continue to the next level. Governments may play a role in facilitating or limiting EMI because they allocate appropriations to public universities; the more between-university variability in these funds, the more horizontal differences high-income students may exploit. I ask whether Wisconsin's unequal pattern of appropriations across its institutions of higher education exacerbates income-based disparities in college persistence. I test two hypotheses: (1) Economically advantaged students sort into the universities with greatest appropriations; (2) Appropriations promote first-to-second-year persistence. Evidence in favor of both hypotheses would support the claim that an unequal allocation of appropriations exacerbates college persistence disparities and, accordingly, suggest that unequal allocation facilitates EMI. Results support the first but not the second hypothesis. I then attempt to explain why appropriation appear to be independent of first-to-second-year persistence by examining whether changes in state appropriations were associated with changes in university expenditures that promote persistence. I find that academic support expenditures are most important for persistence in Wisconsin and that increases in state appropriations are not associated with increases in these expenditures. Taken together, the results do not present evidence that the Wisconsin state government can easily facilitate or limit EMI based on its allocation of state appropriations to universities.
Three Essays On Wealth And Racial Inequality
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Author : Stephan Lefebvre
language : en
Publisher:
Release Date : 2020
Three Essays On Wealth And Racial Inequality written by Stephan Lefebvre and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Race discrimination categories.
Racial inequality and wealth are inextricably linked. Wealth gaps are an important dimension of racial inequality. In addition, wealth itself plays a causal role in other dimensions of inequality, including unequal labor market and education outcomes. In the first essay, I estimate the effect of access to extended family wealth on college enrollment and I find a positive relationship. This is important for higher education policies that aim to reduce inequality but fail to account for race and wealth. In the second essay, I estimate the effect of Medicaid on individual assets. Whereas economic theory in the literature predicts a negative effect, I develop a framework that shows how public insurance can increase savings and I present empirical evidence against a negative effect. Finally, the third essay develops an analytical framework called Latinx stratification economics by reviewing the main economic theories applied to Latinxs and demonstrating how stratification economics and Latinx studies may be used to critique the dominant theories.
Three Essays On The Higher Education Expansion In China
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Author : Qiao Wen
language : en
Publisher:
Release Date : 2020
Three Essays On The Higher Education Expansion In China written by Qiao Wen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Putting together, my dissertation provides a holistic picture of the full impacts of one of the largest education expansion program on record. My work is among the first to systematically analyze how the expansion affects "treated" individuals and the labor market at large, and therefore could contribute to all levels of decision-making. Findings from my analyses could also have global implications for much broader issues such as education-related income inequality, and the general equilibrium and distributional effects of large-scale social programs.
Three Essays On Inequality
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Author :
language : en
Publisher:
Release Date : 2012
Three Essays On Inequality written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Three Essays In Wage Differentials
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Author :
language : en
Publisher:
Release Date : 2009
Three Essays In Wage Differentials written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
This dissertation consists of three essays focusing on wage inequality and education policy. Essay 1 considers growth in the variance of wages. Prior work has documented that the college premium plays a major role in explaining wage variance growth. This essay examines the extent to which this role can be attributed to an increase in the dispersion of occupation-specific returns to post-secondary education. Using the variance components approach and CPS data between 1979-1981 and 2003-2005, the essay shows that the variation in the college premium across occupations has increased over time, and this variation expansion explains about five percent of the growth in wage variance across the two periods. By dividing the sample workforce into professional and nonprofessional groups, the results suggest that the increased variation in the return to post-secondary education particularly caused the wage gap between the professional and non-professional workers to increase. Essay 2 applies quantile regression methodology to the study of the determinants of the wage distribution among natives and immigrants in the U.S., using PUMS from 1990 and 2000, and ACS from 2006. Among other findings, the immigrant/native wage gap is concentrated at the lower end to the median of the wage distribution, and the primary source of the wage gap is the relative lack of labor market skills among immigrants. A cross-time comparison shows that the recent immigrant/native wage gap after controlling for skill variables first decreased from 1990 to 2000 and then expanded from 2000 to 2006. The growth is concentrated at the two ends of the wage distribution, and the reason for growth is that the recent immigrants in 2006 are younger and thus have less market experience than their counterparts of 1990. Essay 3 is coauthored with Dr. Blankenau. We analyze the impact of changes in college admission standards on the skilled labor distribution, skilled firm distribution, and the match of skilled labor with skilled firms. We propose a model of schooling with heterogeneous labor and firms, in which firms' decisions in creating skilled jobs are conditioned on the supply of skilled labor. The model shows that lowering standards without providing incentives to acquire skills does not necessarily motivate accumulation of human capital or expansion of skilled industry. Lower standards tend to create a mismatch of educated labor with unskilled positions. In some specifications, lower standards can lower firms' willingness to create skilled positions, leaving more skilled workers underemployed.