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Economics of Higher Education (Econ7470/ILR7470) Spring 2014 (MW 2:55-4:10Pm, Ives 109)

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Economics of Higher Education (Econ7470/ILR7470) Spring 2014 (MW 2:55-4:10Pm, Ives 109) Ronald G. Ehrenberg Telephone: 607-255-3026 Irving M. Ives Professor of Fax: 607-255-4496 Industrial and Labor E-mail: [email protected] Relations and Economics Web: http://faculty.cit.cornell.edu/rge2/ Stephen H. Weiss Presidential Fellow Director, Cornell Higher Web: www.ilr.cornell.edu/cheri Education Research Institute Cornell University 271 Ives Hall Ithaca, NY 14853-3901 Economics of Higher Education (Econ7470/ILR7470) Spring 2014 (MW 2:55-4:10pm, Ives 109) This course surveys the empirical literature on the economics of higher education. Students are assumed to have backgrounds in graduate microeconomic theory and econometrics. During each class the professor and the students will discuss several papers in detail. The goal is to provide students with an up to date treatment of where the literature is, to hone their skills as empirical economists and their ability to do independent research, and to suggest “under researched” areas that they may pursue. All journal articles are available electronically on the Blackboard site or from the Cornell library website. All the articles in Section I should be read before the first class; we will discuss which articles to read in each of the subsequent sections before they occur in the syllabus. A tentative class time schedule is attached on the last page. Please note that a number of regularly scheduled classes are cancelled and replaced by evening classes on other days (these dates are indicated in bold). Occasional guests will join us by videoconference when we are discussing their work). Course requirements include active participation in class, periodically leading class discussion on specific papers, and at least beginning an empirical research paper. I. Introduction: Introductory Comments, Higher Education in the United States, Models of University Behavior, Overview of the Course Charles Clotfelter, “The Familiar but Curious Economics of Higher Education”, Journal of Economic Perspectives (Winter 1999): 3-12 Gordon C. Winston, “Subsidies, Hierarchies and Peers: The Awkward Economics of Higher Education”, Journal of Economic Perspectives (Winter 1999): 13-36 Claudia Goldin and Lawrence Katz, “The Shaping of Higher Education in the Formative Years in the United States, 1890-1940”, Journal of Economic Perspectives (Winter 1999): 37-62 Ronald G. Ehrenberg, “Adam Smith Goes to College: An Economist Becomes an Academic Administrator”, Journal of Economic Perspectives (Winter 1999): 99-116 Ronald G. Ehrenberg, “Econometric Studies of Higher Education”, Journal of Econometrics (July/August 2004): 19-37 Ronald G. Ehrenberg, “Studying Ourselves: The Academic Labor Market”, Journal of Labor Economics (April 2003): 267-287 Caroline Hoxby, “The Changing Selectivity of American Colleges”, Journal of Economic Perspectives (Fall 2009): 95-118 John Bound et. al. “Playing the Admissions Game: Student Responses to Increased College Competition”, Journal of Economic Perspectives (Fall 2009):119-146 Ronald G. Ehrenberg, “American Higher Education in Transition”, Journal of Economic Perspectives (Winter 2012): 193-216 II. Access, Enrollment and Completion A. Does College Quality Matter? Estelle James et. al. “College Quality and Future Earnings: Where Should You Send Your Children to College?” American Economic Review (May 1989): 247-252 Dominic Brewer, Eric Eide and Ronald Ehrenberg, “Does it Pay to Attend an Elite Private College? Cross Cohort Evidence on the Effects of College Type on Earnings”, Journal of Human Resources (Winter 1999): 104-123 Eric Eide, Dominic Brewer and Ronald Ehrenberg, “Does it Pay to Attend an Elite Private College? Effects of Undergraduate College Quality on Graduate School Attendance”, Economics of Education Review (October 1998): 371-376 Stacy Dale and Alan Krueger, “Estimating the Payoff to Attending a More Selective College: An Application of Selection on Unobservables”, Quarterly Journal of Economics (November 2002): 1491-1528 Stacy Dale and Alan Krueger, “Estimating the Return to College Selectivity over the Career Using Administrative Earnings Data”, NBER Working Paper No. 17159 (June 2011) Mark Hoekstra, “The Effect of Attending a Flagship State University on Earnings: A Discontinuity – Based Approach”, Review of Economics and Statistics 91 (November 2009): 717-724 Rodney Andrews, Jing Li, and Michael Lovenheim, “Quantile Treatment Effects of College Quality on Earnings: Evidence from Administrative Data in Texas” NBER Working Paper 18068 (May 2012) B. Private vs. Social Returns to Education John Bound et. al., “Trade in University Training: Cross-State Variation in the Production and Use of College- Education Labor”, Journal of Econometrics (July/August 2004): 143-173 Jeffrey Groen, “The Effect of College Location on Migration of College-Educated Labor”, Journal of Econometrics (July/August 2004): 125-142 Enrico Moretti, “Estimating the Social Return to Higher Education: Evidence from Longitudinal and Repeated Cross-Section Data”, Journal of Econometrics (July/August 2004): 175-212 Cecile Rouse, “Do Two-Year Colleges Increase Overall Educational Attainment? Evidence from the States”, Journal of Policy Analysis and Management (Fall 1998):593-620 Kasey Buckles. et. al. “The Effects of College Education on Health”, NBER Working Paper No. 19222 (July 2013) C. Historically Black Colleges and Universities (HBCUs) Ronald Ehrenberg and Donna Rothstein, “Do Historically Black Colleges and Universities Confer Unique Advantages on Students? An Initial Analysis in R, Ehrenberg ed. Choices and Consequences: Contemporary Policy Issues in Economics (ILR Press, 1994) Jill Constantine, “The Effect of Attending Historically Black Colleges and Universities on Future Wages of Black Students”, Industrial and Labor Relations Review (1995): 531-546 Ronald Ehrenberg, Donna Rothstein and Robert Olsen, “Do Historically Black Colleges and Universities Enhance the Attendance of African American Youths” in Phyllis Moen et. al eds. A Nation Divided (Cornell University Press, 1999) Roland Fryer and Michael Greenstone, “The Changing Consequences of Attending Historically Black Colleges and Universities”, American Economic Journal: Applied Economics (January 2010): 116-148 D. Public Policies and Access - Veterans’, Social Security Programs, EITC Programs Joshua Angrist, “The Effect of Veterans’ Benefits on Education and Earnings”, Industrial and Labor Relations Review (July 1993): 637-652 Thomas Lemieux and David Card. “Education and Earnings and the Canadian G.I. Bill”, Canadian Journal of Economics (May 2001): 312-334 John Bound and Sarah Turner, “Going to War and Going to College: Did World War II and the GI Bill Increase Educational Attainment for Returning Veterans”, Journal of Labor Economics (October 2002): 784-816 Ronald Ehrenberg and Rebecca Luzadis, “The Social Security Student Benefit Program and Family Decisions”, Economics of Education Review (1986 –Issue 2): 119-128 Susan Dynarski, “Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion”, American Economic Review (March 2003): 279-288 Katherine Michelmore, “The Effects of Income Attainment: Evidence from State Earned Income Tax Credit Expansion” E. Public Policy and Access - Basic Educational Opportunity Grants Thomas Kane, “College Attendance by Blacks Since 1970: The Role of College Costs, Family Background and the Returns to Education”, Journal of Political Economy (October 1994): 878-911 Neil Seftor and Sarah Turner, “Back to School: Federal Student Aid Policy and Adult College Enrollment”, Journal of Human Resources (Spring 2002): 336-352 F. Public Policies and Access – State Programs Susan Dynarski, “Hope For Whom? Financial Aid for the Middle Class and its Impact on College Attendance”, National Tax Journal (September 2000): 629-661 Christopher Cornwell, David Mustard and Deepa Sridhar, “The Enrollment Effects of Merit-Based Financial Aid: Evidence from the Georgia HOPE Program”, Journal of Labor Economics (October 2006): 761-786 Christopher Cornwell, Kyung Hee Lee and David Mustard, “Student Response to Merit Scholarship Retention Rules”, Journal of Human Resources (Fall 2005): 895-917 Liang Zhang and Eric Ness, “Does State Merit-based Aid Stem Brain Drain”, Educational Evaluation and Policy Analysis (June 2010): 143-165 Mary Fitzpatrick and Damon Jones, “Higher Education, Merit-Based Scholarships and Post-Baccalaureate Migration”, NBER Working Paper 18530 (November 2012) Bridget Terry Long, “How Do Financial Aid Policies Affect Colleges? The Institutional Impact of the Georgia Hope Scholarship” Journal of Human Resources (Fall 2004):1045-66 Larry Singell and Joe Stone, “For Whom the Pell Tolls: The Response of University Tuition to Federal Grants-in- Aid”, Economics of Education Review (June 2007): 285-296 Thomas J. Kane, “Evaluating the Impact of the DC Tuition Assistance Program”, Journal of Human Resources (Summer 2007): 555-82 Katharine Abraham and Melissa Clark, “Financial Aid and Students’ College Decisions: Evidence from the District of Columbia Tuition Assistance Grant Program”, Journal of Human Resources (Summer 2006): 578-610 Aimee Chin and Chinhui Juin, “Does Reducing College Costs Improve Educational Outcomes for Undocumented Immigrants, “Evidence from State Laws Permitting Undocumented Immigrants to Pay In-State Tuition at State Colleges and Universities”, National Bureau of Economic Research Working Paper No. 15932 (2010) Benjamin Castleman and Bridget Terry Long, “Looking Beyond Enrollment; The Causal Effects of Need –Based Grants on College Access, Persistence
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