Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrow Search for citing articles in:
ISI Web of Science (12)
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Dellas, H.
Right arrow Articles by Sakellaris, P.
Right arrow Search for Related Content
Related Collections
Right arrow E32 - Business Fluctuations; Cycles
Right arrow I21 - Analysis of Education
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

Oxford Economic Papers 2003; 55:148-172
Copyright © 2003 Oxford Universty Press

Article

On the cyclicality of schooling: theory and evidence

Harris Dellas and Plutarchos Sakellaris

Department of Economics, University of Bern, Gesellschaftsstrasse 49, CH–3012 Bern, Switzerland, CEPR and IMOP; harris.dellas{at}vwi.unibe.ch
University of Maryland, Athens University of Economics and Business, and IMOP

Abstract

Economic theory indicates that opportunity- cost considerations tend to make schooling countercyclical whereas ability-to-pay considerations have the opposite effect. We examine the college enrollment decisions of individuals in the US using the Current Population Survey and find that their propensity to enroll is countercyclical. There seems to be significant substitution during the business cycle between human capital investment and competing economic activities.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?


This article has been cited by other articles:


Home page
 OXF ECON PAPHome page
A. Gallice
Education, dynamic signalling, and social distance
Oxf. Econ. Pap., April 1, 2009; 61(2): 304 - 326.
[Abstract] [Full Text] [PDF]

Home page
 OXF ECON PAPHome page
M. S. Christian
Liquidity constraints and the cyclicality of college enrollment in the United States
Oxf. Econ. Pap., January 1, 2007; 59(1): 141 - 169.
[Abstract] [Full Text] [PDF]


Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.