IDEAS home Printed from https://ideas.repec.org/a/uwp/jhriss/v46y2012i1p270-285.html
   My bibliography  Save this article

Building the Stock of College-Educated Labor Revisited

Author

Listed:
  • David L. Sjoquist
  • John V. Winters

Abstract

In a recent paper in the Journal of Human Resources, Dynarski (2008) used data from the 1 percent 2000 Census Public Use Microdata Sample (PUMS) files to demonstrate that merit scholarship programs in Georgia and Arkansas increased the stock of college-educated individuals in those states. This paper replicates the results in Dynarski (2008) but we also find important differences in the results between the 1 percent and 5 percent PUMS, especially for women. We also demonstrate that the author’s use of clustered standard errors, given the small number of clusters and only two policy changes, severely understates confidence intervals.

Suggested Citation

  • David L. Sjoquist & John V. Winters, 2012. "Building the Stock of College-Educated Labor Revisited," Journal of Human Resources, University of Wisconsin Press, vol. 47(1), pages 270-285.
  • Handle: RePEc:uwp:jhriss:v:46:y:2012:i:1:p:270-285
    as

    Download full text from publisher

    File URL: http://jhr.uwpress.org/cgi/reprint/47/1/270
    Download Restriction: A subscripton is required to access pdf files. Pay per article is available.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Dynarski, Susan, 2000. "Hope for Whom? Financial Aid for the Middle Class and Its Impact on College Attendance," National Tax Journal, National Tax Association, vol. 53(3), pages 629-662, September.
    2. A. Colin Cameron & Jonah B. Gelbach & Douglas L. Miller, 2008. "Bootstrap-Based Improvements for Inference with Clustered Errors," The Review of Economics and Statistics, MIT Press, vol. 90(3), pages 414-427, August.
    3. Stephen G. Donald & Kevin Lang, 2007. "Inference with Difference-in-Differences and Other Panel Data," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 221-233, May.
    4. Christopher Cornwell & David B. Mustard & Deepa J. Sridhar, 2006. "The Enrollment Effects of Merit-Based Financial Aid: Evidence from Georgia's HOPE Program," Journal of Labor Economics, University of Chicago Press, vol. 24(4), pages 761-786, October.
    5. Marianne Bertrand & Esther Duflo & Sendhil Mullainathan, 2004. "How Much Should We Trust Differences-In-Differences Estimates?," The Quarterly Journal of Economics, Oxford University Press, vol. 119(1), pages 249-275.
    6. MacKinnon, James G. & White, Halbert, 1985. "Some heteroskedasticity-consistent covariance matrix estimators with improved finite sample properties," Journal of Econometrics, Elsevier, vol. 29(3), pages 305-325, September.
    7. Susan Dynarski, 2008. "Building the Stock of College-Educated Labor," Journal of Human Resources, University of Wisconsin Press, vol. 43(3), pages 576-610.
    8. Abadie, Alberto & Diamond, Alexis & Hainmueller, Jens, 2010. "Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 493-505.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. David L. Sjoquist & John V. Winters, 2015. "State Merit Aid Programs and College Major: A Focus on STEM," Journal of Labor Economics, University of Chicago Press, vol. 33(4), pages 973-1006.
    2. Judith Scott-Clayton & Basit Zafar, 2016. "Financial Aid, Debt Management, and Socioeconomic Outcomes: Post-College Effects of Merit-Based Aid," NBER Working Papers 22574, National Bureau of Economic Research, Inc.
    3. Fitzpatrick, Maria D. & Jones, Damon, 2016. "Post-baccalaureate migration and merit-based scholarships," Economics of Education Review, Elsevier, vol. 54(C), pages 155-172.
    4. Sjoquist, David L. & Winters, John V., 2013. "The effects of HOPE on post-college retention in the Georgia workforce," Regional Science and Urban Economics, Elsevier, vol. 43(3), pages 479-490.
    5. Clotfelter, Charles T. & Hemelt, Steven W. & Ladd, Helen F., 2016. "Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina," IZA Discussion Papers 9888, Institute for the Study of Labor (IZA).
    6. David Sjoquist & John Winters, 2015. "The effect of Georgia’s HOPE scholarship on college major: a focus on STEM," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-29, December.
    7. Lindsay C. Page & Judith Scott-Clayton, 2015. "Improving College Access in the United States: Barriers and Policy Responses," NBER Working Papers 21781, National Bureau of Economic Research, Inc.
    8. Bifulco, Robert & Fletcher, Jason M. & Oh, Sun Jung & Ross, Stephen L., 2014. "Do high school peers have persistent effects on college attainment and other life outcomes?," Labour Economics, Elsevier, vol. 29(C), pages 83-90.
    9. Robert Bifulco & Jason M. Fletcher & Sun Jung Oh & Stephen L. Ross, 2012. "Do Classmate Effects Fade Out?," Working papers 2012-43, University of Connecticut, Department of Economics.
    10. Page, Lindsay C. & Scott-Clayton, Judith, 2016. "Improving college access in the United States: Barriers and policy responses," Economics of Education Review, Elsevier, vol. 51(C), pages 4-22.
    11. David L. Sjoquist & John V. Winters, 2015. "State Merit-Based Financial Aid Programs And College Attainment," Journal of Regional Science, Wiley Blackwell, vol. 55(3), pages 364-390, June.
    12. Andrew Barr, 2015. "From the Battlefield to the Schoolyard: The Short- Term Impact of the Post- 9/11 GI Bill," Journal of Human Resources, University of Wisconsin Press, vol. 50(3), pages 580-613.
    13. Jeffrey T. Denning, 2017. "Born Under a Lucky Star: Financial Aid, College Completion, Labor Supply, and Credit Constraints," Upjohn Working Papers and Journal Articles 17-267, W.E. Upjohn Institute for Employment Research.
    14. Lovenheim, Michael F. & Owens, Emily G., 2014. "Does federal financial aid affect college enrollment? Evidence from drug offenders and the Higher Education Act of 1998," Journal of Urban Economics, Elsevier, vol. 81(C), pages 1-13.
    15. Charles T. Clotfelter & Steven W. Hemelt & Helen F. Ladd, 2016. "Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina," NBER Working Papers 22217, National Bureau of Economic Research, Inc.
    16. James R. Harrington & José Muñoz & Bradley R. Curs & Mark Ehlert, 2016. "Examining the Impact of a Highly Targeted State Administered Merit Aid Program on Brain Drain: Evidence from a Regression Discontinuity Analysis of Missouri’s Bright Flight Program," Research in Higher Education, Springer;Association for Institutional Research, vol. 57(4), pages 423-447, June.

    More about this item

    Lists

    This item is featured on the following reading lists or Wikipedia pages:
    1. Building the Stock of College-Educated Labor Revisited (JHR 2012) in ReplicationWiki

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwp:jhriss:v:46:y:2012:i:1:p:270-285. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://jhr.uwpress.org/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.