Happy to have this descriptive piece with @camilantmorales.bsky.social, Kalena Cortes, @julia-turner.bsky.social, & @loismiller.bsky.social out!
Look for more causal work on this topic from our team in the near future 👀
A new NBER working paper by @riacton.bsky.social and colleagues finds economic benefits to a community college baccalaureate relative to an associate degree, but that an earnings penalty still exists in tech fields relative to a traditional bachelor's degree.
Overall enrollment in higher ed is back to pre-pandemic levels, but international graduate students and private colleges were notable weak spots this fall.
@dubravkaritter.bsky.social Tomas Monarrez and I explore the credit profile of graduate students likely to need private loans after OBBBA’s new loan limits take effect next July. A bit over 1/3 have thin or poor credit and may struggle to get a private loan under typical underwriting practices.
🚨New publication alert #econsky🚨
Thrilled to have “Suspended from Work and School? Impacts of layoff events and unemployment insurance on student disciplinary incidence” forthcoming at Labour Economics with @riacton.bsky.social and Austin Smith
Paper thread incoming 🧵
tinyurl.com/susp-ws
The FTC is hiring economists!
Applications due 12/17 so it’s a quick turnaround!
Happy to chat with anyone interested in the position, especially if you have a non-IO background like me…
Line graph showing cumulative state adoption of chiropractic boards over time
I'm John Fallon, a labor economist on the job market. My JMP uncovers something wild: when chiropractors got licensed in the early 1900s, medical boards responded by making it HARDER to become a doctor.
Why would competition lead to stricter regulations?
🧵
john-fallon-econ.com
(1/9)
Joe Winkelmann & I have released a new @wheelockpolicybu.bsky.social working paper:
"Labor Market Strength and Declining Community College Enrollment"
We show stronger labor markets since 2009 explain most of the decline in community college enrollments.
wheelockpolicycenter.org/high-quality...
🚨There is a lot of policy movement to expand career & technical Ed but little evidence of what to expect from such expansion. Our WP provides evidence from MA on take up & ➕impacts in the first 5 yrs after HS. #cte
The FTC is hiring Statisticians in the Bureau of Economics!
This is a great opportunity for seniors or recent grads interested in antitrust and consumer protection economics, and applied microeconomics research.
Come work with me! Happy to answer any questions.
www.usajobs.gov/job/845835200
Scatter plot comparing median program debt (x-axis, $50k-$300k) vs 10-year cumulative earnings (y-axis, $0.5M-$2M) for professional programs. Medicine MD programs (pink squares) cluster in upper right with high debt ($150k-$250k) and high earnings ($1.4M-$1.8M). Law programs (blue circles) cluster in the bottom left corner with lower debt and lower earnings, though some elite programs show medicine-level earnings and somewhat higher debt than other law schools. Veterinary Medicine (green diamonds), Dentistry (plus signs) and Pharmacy (X marks) are distributed across middle ranges of earnings, but across wide ranges of the distribution of debt, with almost all pharmacy programs having lower debt than almost all dentistry programs. Physical therapy and veterinary programs have law-like earnings (between half a million and a million over 10 years), and while PT has law-like debt as well, veterinary debt is generally much higher and closer to medical school.
New at @pseocoalition.bsky.social, @julia-turner.bsky.social & I have a new report on grad school debt & earnings over the medium term. For some key professional fields (🩺⚖️🦷💊🐾), we show the varied patterns both within & across areas of study, looking at the first decade of earnings after graduation
For those interested in education policy and the economics of education, I've put together 4 starter packs:
Faculty and researchers 1: go.bsky.app/GHJzy4L
Faculty and researchers 2: go.bsky.app/TeqwuKM
PhD students & postdocs: go.bsky.app/FUjWT5E
Journalists and writers: go.bsky.app/3XhYmo3
We estimate that since 2009 the Great Recession accounts for:
-19-32% of the rise in undergrad student debt
-10-25% of the rise in student loan defaults
Excited to share this new Philly Fed working paper with Tomas Monarrez:
We study how the Great Recession affected college enrollment, student loan borrowing, repayment, and default.
papers.ssrn.com/sol3/papers....
Sorry I missed it! Next time…
There's lots more in the report to dig into, so take a look! This is work with @michelgrosz.bsky.social, Sophie McGuinness, @jdmatsudaira.bsky.social, and Raj Darolia, and you can find the full report and data, along with other OCE releases, here: sites.ed.gov/ous/office-o...
Really exciting to have this work on graduate borrowing out. See @clibassi.bsky.social thread with the excellent summary…and better yet take a look at the underlying data!
And here’s a link to the FTC ReportFraud website: reportfraud.ftc.gov
My paper with Devesh Raval is now out at Marketing Science!
We find that when the FTC redesigned its complaint website:
-Complaints increased by 40%,
-included more useful and detailed information
-increased most for older consumers and those with less tech savvy
Can anyone recommend papers that compare RCT and quasi experimental estimates for the same research question?
#econsky
Today, we released our first Quarterly Workforce Indicator Highlights!
content.govdelivery.com/accounts/USC...
Screenshot of the ASHE account
The American Society of Hispanic Economists (ASHE) is here 🦋🦋🦋
Follow @asheassa.bsky.social ‼️
Okay, I made an updated version of the guide "Python Packages for Applied Economists" to reorganize a bit, incorporate suggestions, and put it on Github like a grownup: github.com/clibassi/pyt...
Comments welcome!
#EconSky #EconTwitter UC Davis Economists starter pack is here. Faculty, Alumni, even Ag Econ. Got everyone I could find so far, but surely missing others. Hit me up and I'll add you. Thank @afoote-econ.bsky.social
go.bsky.app/7hAGUoa
Hello #EconSky 👋 excited to share my JMP!
❓What are the impacts of offering student finance as a grant or a loan?
In the paper, I...
🎓 Study individual university enrolment, subject choice & career motivations
❗️Explore aggregate outcomes e.g. access to university & the occupational structure
🧵👇
It’s WALES submission/registration time again! One of the best days of the late-winter if you’re a labor-adjacent economist around DC - check it out!
Pell Grants are the cornerstone of federal financial aid for students with low income who are enrolled in postsecondary education. Currently, these grants are available only to those who seek an initial undergraduate degree or credential requiring at least a typical semester of instruction. Because these rules may restrict access to programs providing skills needed for new or better jobs, in 2011 the U.S. Department of Education (ED) began pilots of two experimental expansions to Pell Grant eligibility. The first experiment allowed income-eligible students with a bachelor’s degree to obtain Pell Grants for short-term occupational training programs. The second experiment allowed income-eligible students to obtain Pell Grants for very short-term programs lasting as little as eight weeks. This report updates earlier results from a rigorous evaluation of the experiments conducted by ED’s Institute of Education Sciences (IES), adding new information about the experiments’ impacts on labor market success. This fuller picture could help Congress as it considers legislation to make Pell Grants for short-term occupational training permanent policy. Key Findings • Offering Pell Grants for short-term occupational training programs to students with low income who have a bachelor's degree increased program enrollment and completion by about 20 percentage points. • Offering Pell Grants for very short-term occupational training programs increased program enrollment and completion by about 10 percentage points. • More than half of students offered experimental Pell Grants used them, receiving an average grant amount of $1,800; they were just as likely as those not offered the grants to also use federal student loans. • Despite boosting program enrollment and completion, offering experimental Pell Grants did not increase employment or earnings in the medium to long term.
Allowing students to use Pell Grants for short-term occupational training:
- increased their use of such training but
- did not benefit their employment or earnings.
Great to see a high-quality evaluation of a promising policy idea. Good to know!
ies.ed.gov/ncee/pubs/20...
He vuelto a actualizar el starter pack de economistas de habla hispana. Ya somos mas de 90. Ideal si acabas de aterrizar o si piensas que Bluesky todavia no ha despegado.
Si quieres añadir tu nombre, no tienes mas que decirlo.
go.bsky.app/8tkeVED
He creado este starter pack que reune a economistas de habla hispana en Bluesky para conectarnos mejor.
Si quieres incluirte, solo tienes que decírmelo go.bsky.app/8tkeVED
