Search Results
Title: Leveling the Peaks and Troughs of the Demographic Cycle: An Application to School Enrollment Rates: A Comment
Resulting in 1 citation.
| 1. |
Falaris, Evangelos M. Peters, H. Elizabeth |
|
Leveling the Peaks and Troughs of the Demographic Cycle: An Application to School Enrollment Rates: A Comment Review of Economics and Statistics 73,3 (August 1991): 572-575. Also: http://www.jstor.org/stable/2109589 Cohort(s): NLSY79, Young Men, Young Women Publisher: Harvard University Press Keyword(s): Behavior; Demography; Income; Labor Supply; Schooling; Unemployment; Well-Being Permission to reprint the abstract has not been received from the publisher. We present new evidence which rejects Wachter and Wascher's (1984) timing hypothesis of the effect of the demographic cycle on schooling. e formalize the timing hypothesis in the context of a statistical model and argue that the timing hypothesis implies certain restrictions on the parameters of the model. Using more detailed data than those used by Wachter and Wascher, we estimate the model, test the restrictions, and reject the timing hypothesis. The study of Wachter and Wascher has enhanced our understanding of the effects of the demographic cycle on individual behavior by showing that individuals do not passively suffer the adverse consequences of a baby boom on their economic well-being, but they alter their investment in schooling in response to such a demographic phenomenon. We have further explored and clarified the relation between the demographic cycle, schooling attainment and the timing of its completion. |
|
|
Bibliography Citation
Falaris, Evangelos M. and H. Elizabeth Peters. "Leveling the Peaks and Troughs of the Demographic Cycle: An Application to School Enrollment Rates: A Comment." Review of Economics and Statistics 73,3 (August 1991): 572-575.
|