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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23736 |
来源ID | Working Paper 23736 |
The Impact of Price Caps and Spending Cuts on U.S. Postsecondary Attainment | |
David J. Deming; Christopher R. Walters | |
发表日期 | 2017-08-28 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Increasing the postsecondary attainment rate of college-age youth is an important economic priority in the U.S. and in other developed countries. Yet little is known about whether different forms of public subsidy can increase degree completion. In this paper, we compare the impact of the marginal taxpayer dollar on postsecondary attainment when it is spent on lowering tuition prices versus increasing the quality of the college experience. We do so by estimating the causal impact of changes in tuition and spending on enrollment and degree completion in U.S. public postsecondary institutions between 1990 and 2013. We estimate these impacts using a newly assembled data set of legislative tuition caps and freezes, combined with variation in exposure to state budget shocks that is driven by differences in historical reliance on state appropriations. We find large impacts of spending on enrollment and degree completion. In contrast, we find no impact of price changes. Our estimates suggest that spending increases are more effective per-dollar than price cuts as a means of increasing postsecondary attainment. |
主题 | Microeconomics ; Public Economics ; Taxation ; National Fiscal Issues ; Subnational Fiscal Issues ; Health, Education, and Welfare ; Education |
URL | https://www.nber.org/papers/w23736 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581409 |
推荐引用方式 GB/T 7714 | David J. Deming,Christopher R. Walters. The Impact of Price Caps and Spending Cuts on U.S. Postsecondary Attainment. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23736.pdf(597KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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