IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v52y2020i56p6114-6122.html
   My bibliography  Save this article

Rate of return to schooling and business cycles

Author

Listed:
  • Yanan Chen
  • Kyle A. Kelly

Abstract

This paper examines the effects of the economic conditions – unemployment rate and unemployment change – on the rate of returns to schooling, as well as the effects on the gender difference in the returns to schooling during business cycles. Data from American Community Survey 2000–2017 shows that economic conditions have significant effects on the rate of return to schooling for both men and women, and the gender difference exists. Unemployment has positive effects on the rate of return to schooling for both men and women. The returns to schooling are expected to increase in recessions and decrease in expansions for both men and women. In addition, the effects are greater for men than for women. The female-male difference in the rate of return to schooling is expected to be smaller as unemployment rate goes up and greater as unemployment rate goes down. We also find men’s returns to schooling are more sensitively responded to the economic conditions change than women’s.

Suggested Citation

  • Yanan Chen & Kyle A. Kelly, 2020. "Rate of return to schooling and business cycles," Applied Economics, Taylor & Francis Journals, vol. 52(56), pages 6114-6122, December.
    • Handle: RePEc:taf:applec:v:52:y:2020:i:56:p:6114-6122
    DOI: 10.1080/00036846.2020.1784387
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2020.1784387
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2020.1784387?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sadaba, Barbara & Vujić, Sunčica & Maier, Sofia, 2024. "Characterizing the schooling cycle," Economic Modelling, Elsevier, vol. 132(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:52:y:2020:i:56:p:6114-6122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.