Building the Stock of College-Educated Labor Revisited

23 Pages Posted: 19 Mar 2011

See all articles by David L. Sjoquist

David L. Sjoquist

Georgia State University

John V. Winters

Iowa State University - Department of Economics

Date Written: February 1, 2011

Abstract

In a recent paper in this Journal, Dynarski (2008) used data from the 1-percent 2000 Census Public Use Microdata Sample (PUMS) files to demonstrate that merit scholarship programs in Georgia and Arkansas increased the stock of college-educated individuals in those states. This paper replicates the results in Dynarski (2008) but we also find important differences in the results between the 1-percent and 5-percent PUMS, especially for women. We also demonstrate that the author’s use of clustered standard errors, given the small number of clusters and only two policy changes, severely understates confidence intervals.

Suggested Citation

Sjoquist, David L. and Winters, John V., Building the Stock of College-Educated Labor Revisited (February 1, 2011). Andrew Young School of Policy Studies Research Paper Series No. 11-16, Available at SSRN: https://ssrn.com/abstract=1788973 or http://dx.doi.org/10.2139/ssrn.1788973

David L. Sjoquist (Contact Author)

Georgia State University ( email )

P.O. Box 3992
Atlanta, GA 30302-3992
United States
404-413-0246 (Phone)

HOME PAGE: http://frp.aysps.gsu.edu/sjoquist/index.html

John V. Winters

Iowa State University - Department of Economics ( email )

260 Heady Hall
Ames, IA 50011
United States

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