The response of US college enrollment to unexpected changes in macroeconomic activity

Kris M. Ewing, Kim A. Beckert, Bradley T. Ewing

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

This paper estimates the extent and magnitude of US college and university enrollment responses to unanticipated changes in macroeconomic activity. In particular, we consider the relationship between enrollment, economic growth, and inflation. A time series analysis known as a vector autoregression is estimated and impulse response functions are calculated to measure the enrollment response to these economic shocks. The results suggest that enrollment patterns differ by gender and are consistent with economic theory.

Original languageEnglish
Pages (from-to)423-434
Number of pages12
JournalEducation Economics
Volume18
Issue number4
DOIs
StatePublished - Dec 2010

Keywords

  • College enrollment
  • Economic growth
  • Inflation
  • Macroeconomics
  • Time series

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