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Why Have Girls Gone to College? A Quantitative Examination of the Female College Enrollment Rate in the United States: 1955-1980

  • Hui He

    (Department of Economics, University of Hawai'i at Manoa)

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This paper explores the extent to which the increase in the college enrollment rate of women in the U.S. from 1955 to 1980 can be accounted for by the change in the female college wage premium. I develop and calibrate a dynamic overlapping generations model with discrete schooling choice. I find that changes in the life-cycle earnings differential can explain the increase in the female college enrollment rate very well. Young women¡¯s changing expectations of future earnings may also play an important role in driving their college entry decision.

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Article provided by Society for AEF in its journal Annals of Economics and Finance.

Volume (Year): 12 (2011)
Issue (Month): 1 (May)
Pages: 41-64

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Handle: RePEc:cuf:journl:y:2011:v:12:i:1:p:41-64
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  7. Mark P. Keightley & Carlos Garriga, 2009. "A General Equilibrium Theory of College with Education Subsidies, In-School Labor Supply, and Borrowing Constraints," 2009 Meeting Papers 1180, Society for Economic Dynamics.
  8. Katz, Lawrence F & Murphy, Kevin M, 1992. "Changes in Relative Wages, 1963-1987: Supply and Demand Factors," The Quarterly Journal of Economics, MIT Press, vol. 107(1), pages 35-78, February.
  9. Claudia Olivetti, 2006. "Changes in Women's Hours of Market Work: The Role of Returns to Experience," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(4), pages 557-587, October.
  10. Kerwin Kofi Charles & Ming-Ching Luoh, 2002. "Gender Differences in Completed Schooling," NBER Working Papers 9028, National Bureau of Economic Research, Inc.
  11. He, Hui, 2012. "What drives the skill premium: Technological change or demographic variation?," European Economic Review, Elsevier, vol. 56(8), pages 1546-1572.
  12. Todd Schoellman & Lutz Hendricks, 2009. "Student Abilities During the Expansion of U.S. Education, 1950-2000," 2009 Meeting Papers 162, Society for Economic Dynamics.
  13. Thomas Lemieux & David Card, 2001. "Going to College to Avoid the Draft: The Unintended Legacy of the Vietnam War," American Economic Review, American Economic Association, vol. 91(2), pages 97-102, May.
  14. Goldin, Claudia & Kuziemko, Ilyana & Katz, Lawrence, 2006. "The Homecoming of American College Women: The Reversal of the College Gender Gap," Scholarly Articles 2962611, Harvard University Department of Economics.
  15. Altonji, Joseph G, 1993. "The Demand for and Return to Education When Education Outcomes Are Uncertain," Journal of Labor Economics, University of Chicago Press, vol. 11(1), pages 48-83, January.
  16. Gary S. Becker & William H. J. Hubbard & Kevin M. Murphy, 2010. "The Market for College Graduates and the Worldwide Boom in Higher Education of Women," American Economic Review, American Economic Association, vol. 100(2), pages 229-33, May.
  17. Jacob, Brian A., 2002. "Where the boys aren't: non-cognitive skills, returns to school and the gender gap in higher education," Economics of Education Review, Elsevier, vol. 21(6), pages 589-598, December.
  18. Stephen V. Cameron & Christopher Taber, 2004. "Estimation of Educational Borrowing Constraints Using Returns to Schooling," Journal of Political Economy, University of Chicago Press, vol. 112(1), pages 132-182, February.
  19. Averett, Susan L. & Burton, Mark L., 1996. "College attendance and the college wage premium: Differences by gender," Economics of Education Review, Elsevier, vol. 15(1), pages 37-49, February.
  20. José-Víctor Ríos-Rull & Virginia Sánchez-Marcos, 2002. "College Attainment of Women," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(4), pages 965-998, October.
  21. Salvador Navarro, 2011. "Using Observed Choices to Infer Agent's Information: Reconsidering the Importance of Borrowing Constraints, Uncertainty and Preferences in College Attendance," University of Western Ontario, CIBC Centre for Human Capital and Productivity Working Papers 20118, University of Western Ontario, CIBC Centre for Human Capital and Productivity.
  22. James J. Heckman & Lance J. Lochner & Petra E. Todd, 2003. "Fifty Years of Mincer Earnings Regressions," NBER Working Papers 9732, National Bureau of Economic Research, Inc.
  23. Raquel Fernández & Alessandra Fogli & Claudia Olivetti, 2004. "Mothers and Sons: Preference Formation and Female Labor Force Dynamics," The Quarterly Journal of Economics, MIT Press, vol. 119(4), pages 1249-1299, November.
  24. Zvi Eckstein & Éva Nagypál, 2004. "The evolution of U.S. earnings inequality: 1961?2002," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Dec, pages 10-29.
  25. Imrohoroglu, Ayse & Imrohoroglu, Selahattin & Joines, Douglas H, 1995. "A Life Cycle Analysis of Social Security," Economic Theory, Springer, vol. 6(1), pages 83-114, June.
  26. Virginia Sanchez Marcos, 2007. "What accounts for the increase in college attainment of women?," Applied Economics Letters, Taylor & Francis Journals, vol. 15(1), pages 41-44.
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