التفاصيل البيبلوغرافية
| العنوان: |
Human Capital Investment after the Storm. |
| المؤلفون: |
Gallagher, Emily A, Billings, Stephen B, Ricketts, Lowell R |
| المصدر: |
Review of Financial Studies; Jul2023, Vol. 36 Issue 7, p2651-2684, 34p |
| مصطلحات موضوعية: |
HIGHER education finance, HURRICANE Harvey, 2017, HUMAN capital, STUDENT loans, YOUNG adults, COLLEGE enrollment, CONSUMER credit |
| مصطلحات جغرافية: |
HOUSTON (Tex.) |
| مستخلص: |
How does household exposure to a natural disaster affect higher education investments? Using variation in flooding from Hurricane Harvey (2017), we find that college-aged adults from flooded blocks in Houston are 7% less likely than counterparts to have student loans after Harvey, with larger effects in areas with more potential first-generation students. We find a similar relative decline in enrollment at more exposed Texas universities and colleges and a shift toward majors with higher expected earnings. Our results highlight a decrease in the quantity but an increase in the intensity of investments in human capital after the storm. Authors have furnished an Internet Appendix , which is available on the Oxford University Press Web site next to the link to the final published paper online. [ABSTRACT FROM AUTHOR] |
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| قاعدة البيانات: |
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