Student Debt and Labor Market Outcomes

2019 ◽  
Vol 109 ◽  
pp. 171-175 ◽  
Author(s):  
Gerald Eric Daniels ◽  
Andria Smythe
Keyword(s):  
Labor Market ◽  
Labor Market Outcomes ◽  
Student Loan ◽  
Work Hours ◽  
Student Debt ◽  
Market Outcomes ◽  
Hours Worked ◽  
The Difference ◽  
The Impact

We study the impact of student debt on various labor market outcomes, namely, income, hourly wages, and hours worked. Using the NLSY97 and a difference-indifference approach, we find statistically significant differences in labor market outcomes for individuals who received a student loan versus those who received no student loan. We find that the difference in post- versus pre-college income is 8-9 percent higher for individuals that received a student loan relative to individuals who received no student loan. Further, we find evidence that this higher income is due to higher work hours.

scholarly journals The Impact of Psychiatric Disorders on Labor Market Outcomes

ILR Review ◽  
1997 ◽  
Vol 51 (1) ◽  
pp. 64-81 ◽  
Author(s):  
Susan L. Ettner ◽  
Richard G. Frank ◽  
Ronald C. Kessler
Keyword(s):  
Labor Market ◽  
Psychiatric Disorders ◽  
Labor Market Outcomes ◽  
Work Hours ◽  
Estimation Methods ◽  
Market Outcomes ◽  
Men And Women ◽  
National Comorbidity Survey ◽  
The Impact ◽  
Substantial Drop

Analyzing data on 2,225 men and 2,401 women from the National Comorbidity Survey, the authors examine the impact of psychiatric disorders on employment and, among those employed, work hours and income. They find that psychiatric disorders significantly reduced employment among both men and women. They also find evidence of small reductions in the conditional work hours of men and a substantial drop in the conditional income of men and women, although these findings are somewhat sensitive to the estimation methods and specification of the model.

Assessing the impact of obesity on labor market outcomes

2010 ◽  
Vol 8 (3) ◽  
pp. 309-319 ◽  
Author(s):  
Maarten Lindeboom ◽  
Petter Lundborg ◽  
Bas van der Klaauw
Keyword(s):  
Labor Market ◽  
Labor Market Outcomes ◽  
Market Outcomes ◽  
The Impact

scholarly journals Coordinated Markets, School-to-Work Linkages, and Labor Market Outcomes in the European Union

2020 ◽  
Author(s):  
Thomas Albert DiPrete ◽  
Joanna Chae
Keyword(s):  
Labor Market ◽  
Educational Outcomes ◽  
Tertiary Education ◽  
Level Structure ◽  
Labor Market Outcomes ◽  
School To Work ◽  
The European Union ◽  
Market Outcomes ◽  
Skill Formation ◽  
The Impact

A large literature in both sociology and political science has theorized about the importance of skill formation systems for macroeconomic performance, for the transition from school to work, and for labor market outcomes. However, consensus on how countries fit into these theoretical groupings has been difficult, and empirical evidence that these groupings matter has been elusive. Focusing on labor market outcomes across twenty-one European countries, this paper demonstrates that the strength of linkage between specific educational outcomes and occupational destinations is an important source of these institutional effects. Stronger linkage is generally associated with higher relative earnings and greater chances of employment, though heterogeneity exists both across age and gender groupings and across educational levels. Country-level structure matters because it is related to the local linkage strength of pathways, even as there is considerable heterogeneity within countries in the coherence of pathways from educational outcomes to occupations. Pathway effects clearly matter, particularly in how they shape the consequences of working in an occupation that is well matched to one's educational level and field of study. The strongest evidence for macro-structural effects concerns the impact of macro-structure on the earnings gap between well-matched and not-well matched workers with non-tertiary and with upper tertiary education. The findings suggest that policies to improve labor market outcomes do not require wholesale transformations of a country's skill formation system, but instead can focus on improving pathway coherence one pathway at a time.

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