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ERIC Number: EJ880686
Record Type: Journal
Publication Date: 2010-Mar
Pages: 13
Abstractor: As Provided
Reference Count: 15
ISSN: ISSN-0964-5292
Time-to-Degree and the Business Cycle
Messer, Dolores; Wolter, Stefan C.
Education Economics, v18 n1 p111-123 Mar 2010
This paper presents the results of an empirical investigation trying to explain individual time-to-degree variances with business cycle fluctuations. Assuming that students determine the optimum study length at university weighing up the cost of an additional semester against the consumption benefit of studying and not yet working, the general economic environment during the study period should, in turn, influence the individual time-to-degree through changes in the cost level and the consumption benefit of an additional semester. The investigation, using a representative data-set based on Swiss university graduates from 1981 to 2001, shows that changes in the unemployment rate have a significant impact on individual time-to-degree. (Contains 5 tables and 6 notes.)
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Adult Education; Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Switzerland