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The Familiar but Curious Economics of Higher Education: Introduction to a Symposium

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  • Charles T. Clotfelter

Abstract

Despite the involvement of two-thirds of economists in it, the higher education industry remains incompletely understood. Among the topics related to higher education that invite further research are the rapid increase in college costs, the interaction of tenure and the end of mandatory retirement, and the effects of college enrollment on income inequality. Data from surveys of freshmen suggests that the gap in socioeconomic status between students in private universities and other young people has grown over time.

Suggested Citation

  • Charles T. Clotfelter, 1999. "The Familiar but Curious Economics of Higher Education: Introduction to a Symposium," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 3-12, Winter.
  • Handle: RePEc:aea:jecper:v:13:y:1999:i:1:p:3-12
    Note: DOI: 10.1257/jep.13.1.3
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.13.1.3
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    References listed on IDEAS

    as
    1. Philip J. Cook & Robert H. Frank, 1993. "The Growing Concentration of Top Students at Elite Schools," NBER Chapters,in: Studies of Supply and Demand in Higher Education, pages 121-144 National Bureau of Economic Research, Inc.
    2. Jill M. Constantine, 1995. "The Effect of Attending Historically Black Colleges and Universities on Future Wages of Black Students," ILR Review, Cornell University, ILR School, vol. 48(3), pages 531-546, April.
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    Citations

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    Cited by:

    1. Jeffrey R. Brown & Stephen G. Dimmock & Jun-Koo Kang & Scott J. Weisbenner, 2014. "How University Endowments Respond to Financial Market Shocks: Evidence and Implications," American Economic Review, American Economic Association, vol. 104(3), pages 931-962, March.
    2. Jörg Heining & Jürgen Jerger & Jörg Lingens, 2008. "Deutsche Hochschulkarrieren im Fach Volkswirtschaftslehre. Eine deskriptive Analyse von Lebenslaufdaten," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(3), pages 306-328, August.
    3. Quentin Max David, 2013. "Determinants of Research Production at Top Universities," iCite Working Papers 2014-007, ULB -- Universite Libre de Bruxelles.
    4. Heining, Jörg & Jerger, Jürgen & Lingens, Jörg, 2007. "Success in the Academic Labour Market for Economics - The German Experience," University of Regensburg Working Papers in Business, Economics and Management Information Systems 422, University of Regensburg, Department of Economics.
    5. Clotfelter, C. T., 2003. "Alumni giving to elite private colleges and universities," Economics of Education Review, Elsevier, vol. 22(2), pages 109-120, April.
    6. Shea, John, 2000. "Does parents' money matter?," Journal of Public Economics, Elsevier, vol. 77(2), pages 155-184, August.
    7. Turner, Nicholas, 2012. "Who benefits from student aid? The economic incidence of tax-based federal student aid," Economics of Education Review, Elsevier, vol. 31(4), pages 463-481.
    8. Huberto Ennis & Alberto Porto, 2001. "Igualdad de Oportunidades e Ingreso a la Universidad Pública en la Argentina," Department of Economics, Working Papers 030, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
    9. Magali Jaoul, 2004. "Enseignement supérieur et marchés du travail. Analyse économétrique de la théorie de l'engorgement," Economie & Prévision, La Documentation Française, vol. 166(5), pages 39-57.
    10. Beath, John & Poyago-Theotoky, Joanna & Ulph, David, 2012. "University funding systems: Impact on research and teaching," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 6, pages 1-24.
    11. Delpierre, Matthieu & Verheyden, Bertrand, 2014. "Student and worker mobility under university and government competition," Journal of Public Economics, Elsevier, vol. 110(C), pages 26-41.
    12. Guillaume Biot-Paquerot & Jean-Luc Rossignol, 2006. "Performance Management In The Public Sector:," Post-Print hal-00137200, HAL.
    13. John Beath & Joanna Poyago-Theotoky & David Ulph, 2005. "University Funding Systems and their Impact on Research and Teaching: A General Framework," Discussion Paper Series 2005_2, Department of Economics, Loughborough University.
    14. David J. Deming & Michael Lovenheim & Richard Patterson, 2018. "The Competitive Effects of Online Education," NBER Chapters,in: Productivity in Higher Education National Bureau of Economic Research, Inc.
    15. Bralind Kiri, 2016. "An Analysis of Mixed Duopolistic Competition in Higher Education Markets," Investigaciones de Economía de la Educación volume 11,in: José Manuel Cordero Ferrera & Rosa Simancas Rodríguez (ed.), Investigaciones de Economía de la Educación 11, edition 1, volume 11, chapter 17, pages 337-348 Asociación de Economía de la Educación.
    16. E. Han Kim & Min Zhu, 2010. "Universities as Firms: The Case of US Overseas Programs," NBER Chapters,in: American Universities in a Global Market, pages 163-201 National Bureau of Economic Research, Inc.
    17. Luciano Di Gresia & Alberto Porto, 2004. "Dinámica del Desempeño Académico," Department of Economics, Working Papers 049, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
    18. Turner, Nick, 2010. "Who Benefits From Student Aid? The Economic Incidence of Tax-Based Federal Student Aid," University of California at San Diego, Economics Working Paper Series qt7g0888mj, Department of Economics, UC San Diego.
    19. Chen, Zhuoqiong & Ong, David & Sheremeta, Roman, 2015. "Competition Between and Within Universities: Theoretical and Experimental Investigation of Group Identity and the Desire to Win," MPRA Paper 67522, University Library of Munich, Germany.
    20. Hidalgo-Hidalgo Marisa & Valera Guadalupe, 2016. "University Merging Process: A Guideline Proposal for Excellence-Enhancing," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 16(3), pages 1359-1386, September.
    21. Quentin David, 2009. "The Determinants of Research Production by U.S. Universities," CREA Discussion Paper Series 09-16, Center for Research in Economic Analysis, University of Luxembourg.

    More about this item

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • N32 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: 1913-
    • N31 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: Pre-1913

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