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1 posts on "Boom"
July 10, 2019

Did the Value of a College Degree Decline during the Great Recession?

Rajashri Chakrabarti, Michelle Jiang, and William Nober

In an earlier post, we studied how educational attainment affects labor market outcomes and earnings inequality. In this post, we investigate whether these labor market effects were preserved across the last business cycle: Did students with certain types of educational attainment weather the recession better?

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Posted at 7:00 am in Education, Human Capital, Inequality, Labor Market, Recession | Permalink | Comments (5)

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

The editors are Michael Fleming, Andrew Haughwout, Thomas Klitgaard, and Asani Sarkar, all economists in the Bank’s Research Group.

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