The Determinants of University Participation in Canada (1977-2003)

43 Pages Posted: 11 Nov 2008

See all articles by Louis N. Christofides

Louis N. Christofides

University of Cyprus - Department of Economics; University of Guelph; CESifo (Center for Economic Studies and Ifo Institute for Economic Research); IZA Institute of Labor Economics

Michael Hoy

University of Guelph - Department of Economics

Ling Yang

Wilfrid Laurier University

Abstract

The decision to attend university is influenced by the balance of the expected returns and costs of attending university, by liquidity constraints and capital market imperfections that may modify these calculations and, hence, by the family income of prospective students. Family circumstances also play a role. We examine the secular increase in the propensity of children from Canadian families, evident in annual surveys spanning two and a half decades, to attend university. We quantify the importance of these factors taking account of the greater propensity by young women than men to attend university and controlling for secular trends in socioeconomic norms that impinge on these decisions.

Keywords: university participation, parental education, university premium, gender, tuition, income, societal trends

JEL Classification: I21, J01, J24

Suggested Citation

Christofides, Louis N. and Hoy, Michael and Yang, Ling, The Determinants of University Participation in Canada (1977-2003). IZA Discussion Paper No. 3805. Available at SSRN: https://ssrn.com/abstract=1298248 or http://dx.doi.org/10.1111/j.0042-7092.2007.00700.x

Louis N. Christofides (Contact Author)

University of Cyprus - Department of Economics ( email )

75 Kallipoleos Street
P.O. Box 20537
1678 Nicosia
Cyprus
357 22 892448 (Phone)
357 22 892432 (Fax)

University of Guelph ( email )

Guelph, Ontario
Canada
001-519-763-8497 (Phone)

CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Poschinger Str. 5
Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Michael Hoy

University of Guelph - Department of Economics ( email )

50 Stone Road East
Guelph, Ontario N1G 2W1
Canada
519-824-4120, ext. 52169 (Phone)
519-763-8497 (Fax)

Ling Yang

Wilfrid Laurier University ( email )

75 University Ave W
Waterloo, Ontario N2L 3C5
Canada

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