发帖
雷达卡
John Kennan
university of Wisconsin-Madison and NBER
March 2015
spatial variation in HE &financing of college graduates.pdf
(398.72 KB)
Abstract
In the U.S. there are large di fferences across States in the extent to which college education is
subsidized, and there are also large diff erences across States in the proportion of college graduates
in the labor force. State subsidies are apparently motivated in part by the perceived benefi ts of
having a more educated workforce. The paper extends the migration model of Kennan and Walker
(2011) to analyze how geographical variation in college education subsidies a ffects the migration
decisions of college graduates. The model is estimated using NLSY data, and used to quantify
the sensitivity of migration and college enrollment decisions to di fferences in expected net lifetime
income, focusing on how cross-State di fferences in public college financing aff ect the educational
composition of the labor force. The main finding is that these di fferences have substantial e ffects
on college enrollment, with no evidence that these e ffects are dissipated through migration
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