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The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates
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As found by EconAcademics.org, the blog aggregator for Economics research:- The intergenerational question
by chris dillow in Stumbling and Mumbling on 2013-10-18 18:45:11
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Cited by:
- Kahn, Lisa B., 2010. "The long-term labor market consequences of graduating from college in a bad economy," Labour Economics, Elsevier, vol. 17(2), pages 303-316, April.
- Venke Furre Haaland, 2016. "The lost generation: Effects of youth labor market opportunities on long-term labor market outcomes," Discussion Papers 835, Statistics Norway, Research Department.
- Kuhnen, Camelia M., 2010. "Searching for Jobs: Evidence from MBA Graduates," MPRA Paper 21975, University Library of Munich, Germany.
- Battiston, Diego, 2018. "The Persistent Effects of Brief Interactions: Evidence from Immigrant Ships," MPRA Paper 97151, University Library of Munich, Germany.
- Paola Giuliano & Antonio Spilimbergo, 2009.
"Growing Up in a Recession: Beliefs and the Macroeconomy,"
NBER Working Papers
15321, National Bureau of Economic Research, Inc.
- Giuliano, Paola & Spilimbergo, Antonio, 2009. "Growing Up in a Recession: Beliefs and the Macroeconomy," IZA Discussion Papers 4365, Institute of Labor Economics (IZA).
- Spilimbergo, Antonio & Giuliano, Paola, 2009. "Growing Up in a Recession: Beliefs and the Macroeconomy," CEPR Discussion Papers 7399, C.E.P.R. Discussion Papers.
- Jason Fletcher, 2012. "The Effects of First Occupation on Long Term Health Status: Evidence from the Wisconsin Longitudinal Study," Journal of Labor Research, Springer, vol. 33(1), pages 49-75, March.
- Philip Oreopoulos & Till von Wachter & Andrew Heisz, 2012. "The Short- and Long-Term Career Effects of Graduating in a Recession," American Economic Journal: Applied Economics, American Economic Association, vol. 4(1), pages 1-29, January.
- Esfandiar Maasoumi & Melinda Pitts & Ke Wu, 2014.
"The Gap between the Conditional Wage Distributions of Incumbents and the Newly Hired Employees: Decomposition and Uniform Ordering,"
Advances in Econometrics, in: Essays in Honor of Peter C. B. Phillips, volume 33, pages 587-612,
Emerald Group Publishing Limited.
- Esfandiar Maasoumi & M. Melinda Pitts & Ke Wu, 2014. "The gap between the conditional wage distributions of incumbents and the newly hired employees: decomposition and uniform ordering," FRB Atlanta Working Paper 2014-22, Federal Reserve Bank of Atlanta.
- David Atkin, 2016.
"Endogenous Skill Acquisition and Export Manufacturing in Mexico,"
American Economic Review, American Economic Association, vol. 106(8), pages 2046-2085, August.
- David Atkin, 2010. "Endogenous Skill Acquisition and Export Manufacturing in Mexico," Working Papers id:2506, eSocialSciences.
- David Atkin, 2012. "Endogenous Skill Acquisition and Export Manufacturing in Mexico," NBER Working Papers 18266, National Bureau of Economic Research, Inc.
- Pierre Brochu & Catherine Armstrong & Louis-Philippe Morin, 2012.
"The ‘trendiness’ of sleep: an empirical investigation into the cyclical nature of sleep time,"
Empirical Economics, Springer, vol. 43(2), pages 891-913, October.
- Pierre Brochu & Catherine Deri Armstrong & Louis-Philippe Morin, 2009. "The ‘Trendiness’ of Sleep: An Empirical Investigation into the Cyclical Nature of Sleep Time," Working Papers 0909E, University of Ottawa, Department of Economics.
- Illoong Kwon & Eva Meyersson Milgrom & Seiwoon Hwang, 2010. "Cohort Effects in Promotions and Wages: Evidence from Sweden and the United States," Journal of Human Resources, University of Wisconsin Press, vol. 45(3).
- Till von Wachter & Stefan Bender, 2008.
"Do Initial Conditions Persist between Firms? An Analysis of Firm-Entry Cohort Effects and Job Losers Using Matched Employer-Employee Data,"
NBER Chapters, in: The Analysis of Firms and Employees: Quantitative and Qualitative Approaches, pages 135-162,
National Bureau of Economic Research, Inc.
- Wachter, Till von & Bender, Stefan, 2007. "Do initial conditions persist between firms? : an analysis of firm-entry cohort effects and job losers using matched employer-employee data," IAB-Discussion Paper 200719, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
- Klaus M. Schmidt, 2011.
"Social Preferences and Competition,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43, pages 207-231, August.
- Schmidt, Klaus M., 2009. "Social Preferences and Competition," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 298, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Schmidt, Klaus M., 2010. "Social Preferences and Competition," Discussion Papers in Economics 11313, University of Munich, Department of Economics.
- Schmidt, Klaus M., 2011. "Social preferences and competition," Munich Reprints in Economics 19766, University of Munich, Department of Economics.
- Corinna Ghirelli, 2015. "Scars of early non-employment for low educated youth: evidence and policy lessons from Belgium," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-34, December.
- Thomas Åstebro & Jing Chen & Peter Thompson, 2011.
"Stars and Misfits: Self-Employment and Labor Market Frictions,"
Management Science, INFORMS, vol. 57(11), pages 1999-2017, November.
- Thomas Astebro & Jing Chen & Peter Thompson, 2010. "Stars and Misfits: Self-Employment and Labor Market Frictions," Working Papers 1003, Florida International University, Department of Economics.
- Thomas B. Astebro & Jing Chen & Peter Thompson, 2011. "Stars and Misfits: Self-Employment and Labor Market Frictions," Post-Print hal-00647945, HAL.
- Braakmann Nils, 2010.
"Fields of Training, Plant Characteristics and the Gender Wage Gap in Entry Wages Among Skilled Workers – Evidence from German Administrative Data,"
Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 230(1), pages 27-41, February.
- Nils Braakmann, 2008. "Fields of training, plant characteristics and the gender wage gap in entry wages among skilled workers– Evidence from German administrative data," Working Paper Series in Economics 90, University of Lüneburg, Institute of Economics.
- Michael Waldman, 2012.
"Theory and Evidence in Internal LaborMarkets [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- Waldman, Michael, 2007. "Theory and evidence in internal labor markets," MPRA Paper 5113, University Library of Munich, Germany.
- Beatrice Brunner & Andreas Kuhn, 2010. "The Impact of Labor Market Entry Condition on Initial Job Assignment, Human Capital Accumulation, and Wages," NRN working papers 2010-15, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- repec:bla:scandj:v:109:y:2008:i:4:p:695-721 is not listed on IDEAS
- MacLeod, W. Bentley & Urquiola, Miguel, 2012. "Anti-Lemons: School Reputation, Relative Diversity, and Educational Quality," IZA Discussion Papers 6805, Institute of Labor Economics (IZA).
- Christopher L. Smith, 2012.
"The Impact of Low-Skilled Immigration on the Youth Labor Market,"
Journal of Labor Economics, University of Chicago Press, vol. 30(1), pages 55-89.
- Christopher L. Smith, 2010. "The impact of low-skilled immigration on the youth labor market," Finance and Economics Discussion Series 2010-03, Board of Governors of the Federal Reserve System (U.S.).
- Dimitrios Kotroyannos & Kostas A. Lavdas & Nikos Papadakis & Argyris Kyridis & Panagiotis Theodirikakos & Stylianos Ioannis Tzagkarakis & Maria Drakaki, 2015. "An Individuality in Parenthesis? Social Vulnerability, Youth and the Welfare State in Crisis: On the Case of Neets, In Greece, Within the European Context," Studies in Social Sciences and Humanities, Research Academy of Social Sciences, vol. 3(5), pages 268-279.
- Otto Kässi, 2014.
"Earnings dynamics of men and women in Finland: permanent inequality versus earnings instability,"
Empirical Economics, Springer, vol. 46(2), pages 451-477, March.
- Kässi, Otto, 2011. "Earnings Dynamics of Men and Women in Finland: Permanent Inequality versus Earnings Instability," MPRA Paper 34301, University Library of Munich, Germany.
- Petru Crudu, 2023. "Long-term effects of early adverse labour market conditions: A Causal Machine Learning approach," Working Papers 2023:21, Department of Economics, University of Venice "Ca' Foscari".
- Gary Venter, 2018. "Regularized Age-Period-Cohort Modeling of Opioid Mortality Rates," Applied Economics and Finance, Redfame publishing, vol. 5(4), pages 12-23, July.
- Robert Wagner & Thomas Zwick, 2012.
"How Acid are Lemons? Adverse Selection and Signalling for Skilled Labour Market Entrants,"
Economics of Education Working Paper Series
0071, University of Zurich, Department of Business Administration (IBW), revised Feb 2012.
- Wagner, Robert & Zwick, Thomas, 2012. "How acid are lemons? Adverse selection and signalling for skilled labour market entrants," ZEW Discussion Papers 12-014, ZEW - Leibniz Centre for European Economic Research.
- Michael W. L. Elsby & Bart Hobijn & Aysegul Sahin, 2010.
"The Labor Market in the Great Recession,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 41(1 (Spring), pages 1-69.
- Bart Hobijn & Aysegul Sahin & Michael Elsby, 2010. "The Labor Market in the Great Recession," 2010 Meeting Papers 323, Society for Economic Dynamics.
- Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2010. "The labor market in the Great Recession," Working Paper Series 2010-07, Federal Reserve Bank of San Francisco.
- Michael W. Elsby & Bart Hobijn & Aysegul Sahin, 2010. "The Labor Market in the Great Recession," NBER Working Papers 15979, National Bureau of Economic Research, Inc.
- Mai Dao & Prakash Loungani, 2010. "The Human Cost of Recessions; Assessing It, Reducing It," IMF Staff Position Notes 2010/17, International Monetary Fund.
- Päällysaho, Miika Matias, 2017. "The Short- and Long-Term Effects of Graduating During a Recession: Evidence from Finland," Working Papers 96, VATT Institute for Economic Research.
- Wei Chi & Richard Freeman & Hongbin Li, 2012.
"Adjusting to Really Big Changes: The Labor Market in China, 1989–2009,"
International Economic Association Series, in: Masahiko Aoki & Jinglian Wu (ed.), The Chinese Economy, chapter 5, pages 93-113,
Palgrave Macmillan.
- Wei Chi & Richard Freeman & Hongbin Li, 2012. "Adjusting to Really Big Changes: The labor Market in China, 1989-2009," Working Paper 446386, Harvard University OpenScholar.
- Chi, Wei & Freeman, Richard Barry & Li, Hongbin, 2012. "Adjusting to Really Big Changes: The Labor Market in China, 1989-2009," Scholarly Articles 10060082, Harvard University Department of Economics.
- Wei Chi & Richard B. Freeman & Hongbin Li, 2012. "Adjusting to Really Big Changes: The Labor Market in China, 1989-2009," NBER Working Papers 17721, National Bureau of Economic Research, Inc.
- Bachmann, Ronald & Beimann, Boris & Bredtmann, Julia & David, Peggy & Ehlert, Christoph & Kassenböhmer, Sonja & Schaffner, Sandra & Siemers, Lars, 2011. "Studies on flexicurity Lot 1: Study on various aspects of labour market performance using micro data from the European Union statistics on income and living conditions (EU-SILC). Contract No. VC/2010/," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 72620.
- Cockx, Bart & Ghirelli, Corinna, 2016.
"Scars of recessions in a rigid labor market,"
Labour Economics, Elsevier, vol. 41(C), pages 162-176.
- Bart Cockx & Corinna Ghirelli, 2014. "Scars Of Recessions In A Rigid Labor Market," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 14/894, Ghent University, Faculty of Economics and Business Administration.
- Bart Cockx & Corinna Ghirelli, 2015. "Scars of Recessions in a Rigid Labor Market," CESifo Working Paper Series 5240, CESifo.
- Cockx, Bart & Ghirelli, Corinna, 2015. "Scars of Recessions in a Rigid Labor Market," IZA Discussion Papers 8889, Institute of Labor Economics (IZA).
- Bart Cockx & Corinna Ghirelli, 2015. "Scars of Recessions in a Rigid Labor Market," LIDAM Discussion Papers IRES 2015005, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Daniel G. Sullivan & Till von Wachter, 2006.
"Mortality, mass-layoffs, and career outcomes: an analysis using administrative data,"
Working Paper Series
WP-06-21, Federal Reserve Bank of Chicago.
- Daniel Sullivan & Till von Wachter, 2007. "Mortality, Mass-Layoffs, and Career Outcomes: An Analysis using Administrative Data," NBER Working Papers 13626, National Bureau of Economic Research, Inc.
- Longhi, Simonetta & Hynninen, Sanna-Mari, 2009. "Job competition and entry wages of highly educated workers: are there differences between Great Britain and Finland?," ISER Working Paper Series 2009-20, Institute for Social and Economic Research.
- Hofmann, Barbara & Hohmeyer, Katrin, 2016. "The effect of the business cycle at college graduation on fertility," Economics of Education Review, Elsevier, vol. 55(C), pages 88-102.
- Corinna.Ghirelli, 2014. "The scarring effect of early non-employment," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 14/895, Ghent University, Faculty of Economics and Business Administration.
- Steffen Habermalz, 2014.
"Rational inattention and employer learning,"
Oxford Economic Papers, Oxford University Press, vol. 66(2), pages 605-626.
- Habermalz, Steffen, 2010. "Rational Inattention and Employer Learning," IZA Discussion Papers 5311, Institute of Labor Economics (IZA).
- Magali Beffy & Denis Fougère & Arnaud Maurel, 2012.
"Choosing the Field of Study in Postsecondary Education: Do Expected Earnings Matter?,"
The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 334-347, February.
- Beffy, Magali & Fougère, Denis & Maurel, Arnaud, 2009. "Choosing the Field of Study in Post-Secondary Education: Do Expected Earnings Matter?," IZA Discussion Papers 4127, Institute of Labor Economics (IZA).
- Magali BEFFY & Denis FOUGERE & Arnaud MAUREL, 2009. "Choosing the Field of Study in Post-Secondary Education : Do Expected Earnings Matter ?," Working Papers 2009-14, Center for Research in Economics and Statistics.
- Ferrer, Ana M. & Menendez, Alicia, 2009.
"The Returns to Flexible Postsecondary Education: The Effect of Delaying School,"
CLSSRN working papers
clsrn_admin-2009-26, Vancouver School of Economics, revised 15 Mar 2009.
- Ana Ferrer & Alicia Menendez, 2014. "The Returns to Flexible Postsecondary Education: The Effect of Delaying School," Working Papers 1402, University of Waterloo, Department of Economics, revised Mar 2014.
- Ying Pan, 2012. "The Impact of Legal Status on Immigrants’ Earnings and Human Capital: Evidence from the IRCA 1986," Journal of Labor Research, Springer, vol. 33(2), pages 119-142, June.
- Sohei Kaihatsu & Maiko Koga & Tomoya Sakata & Naoko Hara, 2019.
"Interaction between Business Cycles and Economic Growth,"
Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 37, pages 99-126, November.
- Sohei Kaihatsu & Maiko Koga & Tomoya Sakata & Naoko Hara, 2018. "Interaction between Business Cycles and Economic Growth," Bank of Japan Working Paper Series 18-E-12, Bank of Japan.
- Dickens William T. & Triest Robert K., 2012. "Potential Effects of the Great Recession on the U.S. Labor Market," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(3), pages 1-41, October.
- Douglas H. Frank, 2012. "As Luck Would Have It: The Effect of the Vietnam Draft Lottery on Long-Term Career Outcomes," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 51(2), pages 247-274, April.
- M. Gartell, 2012. "The college-to-work transition during the 1990s: evidence from Sweden," Applied Economics, Taylor & Francis Journals, vol. 44(11), pages 1449-1469, April.
- Boehm, Michael J. & Watzinger, Martin, 2010. "The Allocation of Talent: Evidence from the Market of Economists," MPRA Paper 27463, University Library of Munich, Germany.
- Sylvia Frühwirth‐Schnatter & Christoph Pamminger & Andrea Weber & Rudolf Winter‐Ebmer, 2012.
"Labor market entry and earnings dynamics: Bayesian inference using mixtures‐of‐experts Markov chain clustering,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(7), pages 1116-1137, November.
- Sylvia Frühwirth-Schnatter & Christoph Pamminger & Andrea Weber & Rudolf Winter-Ebmer, 2010. "Labor Market Entry and Earnings Dynamics: Bayesian Inference Using Mixtures-of-Experts Markov Chain Clustering," NRN working papers 2010-14, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- Sylvia Frühwirth-Schnatter & Andrea Weber & Rudolf Winter-Ebmer, 2010. "Labor Market Entry and Earnings Dynamics: Bayesian Inference Using Mixtures-of-Experts Markov Chain Clustering," Economics working papers 2010-11, Department of Economics, Johannes Kepler University Linz, Austria.
- Hamaaki, Junya & Hori, Masahiro & Maeda, Saeko & Murata, Keiko, 2013.
"How does the first job matter for an individual’s career life in Japan?,"
Journal of the Japanese and International Economies, Elsevier, vol. 29(C), pages 154-169.
- Hamaaki, Junya & Hori, Masahiro & Maeda, Saeko & Murata, Keiko, 2011. "How Does the First Job Matter for an Individual’s Career Life in Japan?," CIS Discussion paper series 516, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- Michael Reiter, 2007. "Embodied Technical Change and the Fluctuations of Unemployment and Wages," Scandinavian Journal of Economics, Wiley Blackwell, vol. 109(4), pages 695-721, December.
- Bellou, Andriana & Kaymak, Baris, 2011. "Real wage growth over the business cycle:contractual versus spot markets," MPRA Paper 30401, University Library of Munich, Germany.
- Jason M. Fletcher & Jody L. Sindelar, 2009. "Estimating Causal Effects of Early Occupational Choice on Later Health: Evidence Using the PSID," NBER Working Papers 15256, National Bureau of Economic Research, Inc.
- Inas Kelly & Dhaval Dave & Jody Sindelar & William Gallo, 2014.
"The impact of early occupational choice on health behaviors,"
Review of Economics of the Household, Springer, vol. 12(4), pages 737-770, December.
- Inas Rashad Kelly & Dhaval M. Dave & Jody L. Sindelar & William T. Gallo, 2011. "The Impact of Early Occupational Choice On Health Behaviors," NBER Working Papers 16803, National Bureau of Economic Research, Inc.
- Kevin M. Stange, 2012. "An Empirical Investigation of the Option Value of College Enrollment," American Economic Journal: Applied Economics, American Economic Association, vol. 4(1), pages 49-84, January.
- Beartice Brunner & Andreas Kuhn, 2009. "To Shape the Future: How Labor Market Entry Conditions Affect Individuals’s Long-Run Wage Profiles," NRN working papers 2009-29, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- Michael Reiter, 2006. "Embodied technical change and the fluctuations of wages and unemployment," Economics Working Papers 980, Department of Economics and Business, Universitat Pompeu Fabra.
- Immervoll, Herwig, 2012. "Reforming the Benefit System to 'Make Work Pay': Options and Priorities in a Weak Labour Market," IZA Policy Papers 50, Institute of Labor Economics (IZA).
- Baptista, Rui & Lima, Francisco & Preto, Miguel Torres, 2012. "How former business owners fare in the labor market? Job assignment and earnings," European Economic Review, Elsevier, vol. 56(2), pages 263-276.
- Jon D. Wisman & Aaron Pacitti, 2017. "Guaranteed Employment and Universal Child Care For a New Social Contract," Working Papers 2017-05, American University, Department of Economics.
- Haaland, Venke Furre, 2013. "The Lost Generation: Effects of Youth Labor Market Opportunities on Long-Term Labor Market Outcomes," UiS Working Papers in Economics and Finance 2013/8, University of Stavanger.
- Justesen, Michael, 2008. "Is the window of opportunity closing for Brazilian youth? Labor market trends and business cycle effects," Social Protection Discussion Papers and Notes 47188, The World Bank.
- Beatrice Brunner & Andreas Kuhn, 2009. "To shape the future: How labor market entry conditions affect individuals' long-run wage profiles," IEW - Working Papers 457, Institute for Empirical Research in Economics - University of Zurich.
- Gartell, Marie, 2009. "Unemployment and subsequent earnings for Swedish college graduates: a study of scarring effects," Working Paper Series 2009:10, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- William T. Dickens & Robert K. Triest, 2012. "Potential effects of the Great Recession on the U.S. labor market," Working Papers 12-9, Federal Reserve Bank of Boston.
- Bachmann, Ronald & Bauer, Thomas K. & David, Peggy, 2010.
"Labour Market Entry Conditions, Wages and Job Mobility,"
Ruhr Economic Papers
188, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Bachmann, Ronald & Bauer, Thomas K. & David, Peggy, 2010. "Labor Market Entry Conditions, Wages and Job Mobility," IZA Discussion Papers 4965, Institute of Labor Economics (IZA).
- Serge Atherwood & Corey S Sparks, 2019. "Early-career trajectories of young workers in the U.S. in the context of the 2008–09 recession: The effect of labor market entry timing," PLOS ONE, Public Library of Science, vol. 14(3), pages 1-30, March.
- Mr. Shekhar Aiyar & Mr. Rodney Ramcharan, 2010. "What Can International Cricket Teach Us About the Role of Luck in Labor Markets?," IMF Working Papers 2010/225, International Monetary Fund.
- Courtney C. Coile & Phillip B. Levine, 2010. "Recessions, Reeling Markets, and Retiree Well-Being," NBER Working Papers 16066, National Bureau of Economic Research, Inc.
- Corinna GHIRELLI, 2015. "Scars of early non-employment in a rigid labour market," LIDAM Discussion Papers IRES 2015008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Brunner, Beatrice & Kuhn, Andreas, 2009. "To Shape the Future: How Labor Market Entry Conditions Affect Individuals' Long-Run Wage Profiles," IZA Discussion Papers 4601, Institute of Labor Economics (IZA).
- P. Taylor, Mark, 2013. "The labour market impacts of leaving education when unemployment is high: evidence from Britain," ISER Working Paper Series 2013-12, Institute for Social and Economic Research.
- Boehm, Michael J. & Watzinger, Martin, 2010. "The Selection of Skills into Sectors: Evidence from the Market for Economists," MPRA Paper 23315, University Library of Munich, Germany.
- Angela Boatman & Brent J. Evans, 2017. "How Financial Literacy, Federal Aid Knowledge, and Credit Market Experience Predict Loan Aversion for Education," The ANNALS of the American Academy of Political and Social Science, , vol. 671(1), pages 49-68, May.