The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy

@article{Kahn2006TheLL,
  title={The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy},
  author={Lisa B. Kahn},
  journal={Labor: Human Capital},
  year={2006}
}
  • Lisa B. Kahn
  • Published 12 September 2006
  • Economics
  • Labor: Human Capital
This paper studies the labor market experiences of white-male college graduates as a function of economic conditions at time of college graduation. I use the National Longitudinal Survey of Youth whose respondents graduated from college between 1979 and 1989. I estimate the effects of both national and state economic conditions at time of college graduation on labor market outcomes for the first two decades of a career. Because timing and location of college graduation could potentially be… 
Labor Market Institutions and Long-Term Effects of Youth Unemployment
Graduating from a school during a time of adverse economic conditions has a persistent, harmful effect on workers’ subsequent employment opportunities. An analysis of panel data from OECD countries
The Perfect Storm: Graduating during a Recession in a Segmented Labor Market
Using Spanish Social Security data merged with Labor Force Survey data, this article analyzes the effects of entry labor market conditions on workers’ careers two to three decades after graduating in
The Long Run Consequences of Graduating during a Recession: Return to Education and Business Cycle in Argentina
This paper aims at measuring the long term impact of graduating in a depressed economic environment. Using the Encuesta permanente de hogares , an Argentinian database collected between 1995 and
The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates
This paper analyzes the long-term effects of graduating in a recession on earnings, job mobility, and employer characteristics for a large sample of Canadian college graduates using matched
The Short- and Long-Term Effects of Graduating During a Recession: Evidence from Finland
This paper uses matched employer-employee panel data on university graduates who obtained a Master’s degree in 1988–2004 to study how facing adverse economic conditions upon graduation affects
The Effects of Graduating from High School in a Recession: College Investments, Skill Formation, and Labor-Market Outcomes
We investigate the short- and long-term effects of economic conditions at high-school graduation as a source of exogenous variation in the labor-market opportunities of potential college entrants.
Early Labor Market Prospects and Family Formation
We use quasi-random variation in graduation years during the onset of a very deep national recession to study the relationship between early labor market conditions and young females' family
Are all high-skilled cohorts created equal? Unemployment, gender, and research productivity
Using life cycle publication data of 9,368 economics PhD graduates from 127 U.S. institutions, we investigate how unemployment in the U.S. economy prior to starting graduate studies and at the time
The State of the Economy at Graduation, Wages, and Catch-Up Paths: Evidence from Switzerland
This paper analyses whether the short- and mid-term labour market outcomes of Swiss university graduates are affected by the state of the domestic economy at the time of labour market entry, where
A lost generation? The wage, employment and demographic effects of graduating during a recession
We estimate the labour market and demographic effects of graduating in a recession for highly educated graduates in the Netherlands between 1995 and 2012. We find that graduates on average suffer a
...
...

References

SHOWING 1-10 OF 38 REFERENCES
The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates
This paper analyzes the long-term effects of graduating in a recession on earnings, job mobility, and employer characteristics for a large sample of Canadian college graduates using matched
Order from Chaos? The Effects of Early Labor Market Experiences on Adult Labor Market Outcomes
This paper examines the consequences of initial periods of “churning” or “mobility” in the labor market, to help assess whether faster transitions to stable employment relationships—as envisioned by
Initial Labor Market Conditions and Long-Term Outcomes for Economists
Each year, graduate students entering the academic job market worry that they will suffer due to uncontrollable macroeconomic risk. Given the importance of general human capital and the relative ease
The Making of an Investment Banker: Macroeconomic Shocks, Career Choice, and Lifetime Income
New graduates of elite MBA programs flock to Wall Street during bull markets and start their careers elsewhere when the stock market is weak. Given the transferability of MBA skills, it seems likely
Youth Labor Markets in the United States: Shopping Around vs. Staying Put
  • D. Neumark
  • Economics
    Review of Economics and Statistics
  • 2002
The need for school-to-work programs or other means of increasing early job market stability is predicated on the view that the chaotic nature of youth labor markets in the United States is costly
Teenage Unemployment: Permanent Scars or Temporary Blemishes?
This paper examines the persistence and long-term impacts of early labor force experiences. The paper reports a rise in employment rates for a cohort of young men as they age, but points out that
Job Mobility and the Careers of Young Men
We study the joint processes of job mobility and wage growth among young men drawn from the Longitudinal Employee-Employer Data. Following individuals at three month intervals from their entry into
The Importance of Obtaining a High-Paying Job
Given the high level of job mobility in the United States, one might think that obtaining a low-paying job would have only temporary consequences. However, using longitudinal data, I find that state
The Impact of Wages and Unemployment on Youth Enrollment and Labor Supply
Various aspects of the school enrollment-labor supply decision have been examined in earlier studies, including those of Bowen and Finegan (1969), Cohen, Rea, and Lerman (1970), Duncan (1965), Katz
Diverging Male Wage Inequality in the United States and Ganada, 1981–1988: Do Institutions Explain the Difference?
The U.S. and Canadian economies have much in common, including similar collective bargaining structures. During the period 1981–88, however, although both countries witnessed a decline in the
...
...