and find that worse employment conditions were the driving force. The lower opportunity costs of schooling because of the … pandemic recession encouraged more young people to complete high school. The pandemic created extensive problems in education …

, which we denominate the schooling cycle. The estimation procedure is based on unobserved components time series models that … decompose higher education enrollment rates into a slow-moving stochastic trend and a stationary cyclical factor. By doing so … the business cycle in a time-varying fashion. Using data for 16–24-year-olds attending full-time post-secondary education …

explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …

explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …

recent increases in the U.S. minimum wage, using three different data sets and the two main estimation strategies for … handling geographically-disparate trends. The evidence is generally unsupportive of negative employment effects, still less of …-disparate employment trends ; recession …

We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI … had minimal effects on employment and earnings; these programs mainly induced the early exit of participants. The fourth … increased employment and earnings. Both early participant exits and effective job counseling underlie these impacts. We conclude …

demand for education relative to economic cycles. We investigate the cyclical properties of schooling decisions, the time …