Local unemployment and the timing of post-secondary schooling
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文摘

Local unemployment has both a short- and a long-run effect on school enrollment and completion.

The short-run effect causes students to advance their enrollment of additional schooling.

The long-run effect causes students who would never have enrolled to enroll and complete schooling.

The effects are strongest for children of parents with no higher education.

The long-run effects are only found for shorter educational programs.

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