Avdeling for samfunnsøkonomi og finans. Seminaret foregår på engelsk.
Namn: Oliko Vardishvili
Frå: Universitetet i California, Irvine
Tittel: The Macroeconomic Cost of College Dropouts
Abstrakt (på engelsk):
More than 40% of US college students drop out without gaining a degree. This paper investigates whether dropouts are largely due to academic ability or financial constraints. I provide empirical evidence that the probability of dropout is strongly associated with both ability and finances--even after controlling for other factors. I build a quantitative general-equilibrium overlapping generations model, where individuals face incomplete information on their academic ability and uncertainty about the generosity of financial aid. The model simulations show that uncertainty regarding ability is responsible for 10% of the observed dropout rates, while uncertainty regarding financial aid explains up to 43%. Pursuing a policy that eliminates uncertainty about the college aid would increase social welfare by as much as 1.8%, benefiting both college graduates and non-college graduates. Such a policy is largely self-financing due to endogenous improvements in skill allocation and associated growth in GDP.
Fleire arrangement frå Handelshøgskolen ved UiS
Handelshøgskolen ved UiS seminar: Simon Says - Kjønnsforskjellar
Ons. 29.03.2023
12:15-13:15
Synapse Lab Seminar - Mjuke ferdigheiter i aktive arbeidsmarknadsprogram: Bevis frå ein storstilt RCT
Fre. 31.03.2023
12:30-13:30
Innovasjonsseminar: Å lage «ansvarleg AI»
Tir. 25.04.2023
13:15-14:15
Innovasjonsseminar: Naturressursar og innovasjon
Tor. 27.04.2023
11:30-12:30
Innovasjonsseminar: Sosialsystemteori og høgteknologisk entreprenørskap
Tor. 11.05.2023
11:30-12:30
Feltdagar- Eksperiment utanfor laboratoriet
Man. 05.06 09:00
tir. 06.06 15:30