kitchen table math, the sequel: economics of education
Showing posts with label economics of education. Show all posts
Showing posts with label economics of education. Show all posts

Friday, November 11, 2011

Ben Bernanke urges soldiers to combat high unemployment

Federal Reserve chairman Ben Bernanke took his message about the U.S. economy to military servicemen, making a pre-Veteran’s Day visit to the Fort Bliss headquarters for the Army’s 1st Armored Division and urging soldiers to combat high unemployment by focusing on training and education.
Bernanke's Fed Takes Message to Texas
November 10, 2011
What next?

The chairman of the Federal Reserve advocating small class size and school uniforms?

from the FRBSF: Recent College Graduates and the Labor Market

Haven't read it yet, but here's the link.

I'm a big fan of the San Francisco Fed's Economics Letters.

Saturday, February 26, 2011

tipping point

One pervasive feature of economic life is that men and women do different jobs, and the jobs that women do are less well rewarded, whether it be an agricultural economy where men do the ploughing and women do the weeding or a modern post-industrial economy where women teach elementary school and men work in construction. *

But what is a male job and what is a female job varies in time and space. When I was teaching in Cuba once I casually remarked that, in Canada, most economics professors are male. My students were surprised because, in Cuba, most economics professors are female. A long discussion in Spanish followed, and after some time, the class reached a consensus. The reason for the difference? "In Canada, people listen to economics professors."

Worthwhile Canadian Initiative
Apparently, there is a gender tipping point in occupations:
Not infrequently, jobs "tip", or change from being male dominated to female dominated -- bank tellers, bakers, court reporters, teachers, secretaries. (Female to male shifts are less usual, but do happen, for example, the shift from midwives to obstetricians). In a fascinating paper, Jessica Pan estimates that, for US white collar jobs, the tipping point is somewhere between 30 and 60 percent female. Once that threshold is crossed, men stop entering the profession. At 34% female, the job of "university professor" is ripe for tipping.

Conventional wisdom has it that, when jobs become feminized, wages fall. Typically the reasons suggested for both feminization and falling wages are deskilling, loss of control over important working conditions by members of the occupation, and reduced advancement opportunities. (For a summary that critiques this conventional wisdom, see this Joyce Jacobsen article). (pdf file)

* Not a good example in my neck of the woods, where total compensation for elementary school teachers averages $100K -- and this without taking into consideration the value of pensions and lifetime health care benefits.

Thursday, June 10, 2010

Professor of Economics Asks...

Are You Smarter Than a Fifth Grader?
Self-identified liberals and Democrats do badly on questions of basic economics. Wall Street Journal Opinion

Daniel Klein is a professor of economics at George Mason University. This op-ed is based on an article published in the May 2010 issue of the journal he edits, Econ Journal Watch, a project sponsored by the American Institute for Economic Research.

The article is available HERE

Saturday, May 22, 2010

Why Aren't We Hearing About This?

Minute 29-34
A Look at Arne Duncan’s VIP List of Requests at Chicago Schools and the Effects of his Expansion of Charter Schools in Chicago

Thanks to The Math UnderGround!

Monday, July 21, 2008

education & mortality (& being the parent of an autistic child)

Prior research has uncovered a large and positive correlation between education and health. This paper examines whether education has a causal impact on health.

[snip]

This paper has shown that there is a large causal effect of education on mortality. While GLS estimates suggest that an additional year of education lowers the probability of dying in the next 10 years by approximately 1.3 percentage points, my results ... show that the effect is perhaps much larger: at least 3.6 percentage points. Moreover there is a direct effect of compulsory schooling laws on mortality during adulthood: one more year of compulsory schooling decreased mortality after age 35 by about 3%.

[snip]

To better understand the impact of education, I calculate how this effect translates into life expectancy gains. I find that in 1960, one more year of education increased life expectancy at age 35 by as much as 1.7 years (using the OLS estimate). This is a very large increase.

[snip]

This evidence that education increases life expectancy implies that the returns to education, measured only in terms of earnings increases, substantially underestimate the true returns to education.

The Relationship Between Education and Adult Mortality in the United States
Adriana Lleras-Muney
January 2004


Reading The Race Between Education and Technology has led me to think about the relationship between education and being the parent of autistic kids.

Jimmy is 21. When he was diagnosed, no one knew anything about using meds in autism, and everyone was against it. Parents were horrified by the idea, and psychiatrists in Los Angeles routinely told us there were no medications that could treat the "core symptoms" of autism. I remember going to all the parent meetings & hearing that: can't treat the core symptoms of autism.

One shrink in particular ticked me off. I heard him speak in someone's living room. There was nothing medicine could do, he said confidently; the core symptoms were untreatable. News flash.

I didn't like him. I didn't like the cowboy boots he was wearing, I didn't like his twitchy manner, and I didn't like the way he slouched in his chair. I especially didn't like his air of certainty, and I was appalled by the fact that he appeared to consider himself cool. If you're going to tell me there's no hope, don't be cool while you're doing it.

How did this "core symptoms" business make sense, anyway, I wanted to know. Granting that severe mood swings and 4-hour tantrums aren't core symptoms of autism, wouldn't it be a good thing for a child not to have 4-hour tantrums?

Ditto for being unable to sleep more than 4 to 8 hours a night at an age where other kids sleep 12. Yes, sure, raging insomnia isn't a core symptom of autism, but so what? Is raging insomnia good for a 4-year old with autism?

Amazingly, I once had a doctor tell me that raging insomnia was perfectly fine for autistic kids. "These children don't need a lot of sleep," he said.

I thought that was a crock.

I was right. I was so right that in 4 years' time the twitchy psychiatrist in the cowboy boots, who had become Jimmy's doctor when our insurance stopped covering the Encino psychiatrist we'd been seeing, did a fantastic job treating Jimmy with meds.

His one truly brilliant move, when we came to his office panicked because a year of Risperdal-created peace was unraveling, was to say to us, "I'm all out of tricks, my black bag is empty. But sometimes just getting more sleep can help."

He prescribed trazodone and Jimmy had a breakthrough: in mood, in behavior, in functioning. And in sleep. Sometimes a twitchy guy wearing cowboy boots is your kid's future best friend.

That was our second medical breakthrough.

Our first had come the year before, when I was pregnant with the twins and Ivar Lovaas had told Ed we needed to place Jimmy outside the home. Jimmy was 7 years old. "You're going to have two other children to think of," Ivar said. "You have to consider your whole family." He wasn't alone in this view. Jimmy's school principal dropped broad hints that the time had come, and our SPED attorney asked if we wanted to request a residential school.

My therapist asked me, point blank, "How would you feel if Jimmy killed one of the babies?"

"Jimmy isn't going to kill one of the babies," I said. When I left her office, I called my best friend from the pay phone in the hall. "Are my friends saying Jimmy will hurt the babies?" I asked. "Are you all afraid to tell me?"

Her voice was so gentle and kind when she answered. I get tears in my eyes writing this now.

"No," she said. "No one is saying that. Everyone is incredibly worried how you're going to manage Jimmy and two babies. But no one is saying Jimmy will hurt the babies."

I never spoke to my therapist again.

Things got worse before they got better. The Northridge earthquake happened in February just after we'd begun construction on an extra bedroom; the house was a shambles and we had construction workers everywhere -- construction workers who were feuding with each other on site, to boot. The pregnancy had been high risk to start and within a few months most of the bad things that can happen to a high-risk pregnancy did happen. By the end of the 29th week I was in labor and in the hospital mainlining magnesium sulfate. We were facing the possibility of having three disabled children to care for instead of just Jimmy.

We had one person left to turn to. Our doctor, the one in Encino.

That doctor had told us there was a new drug for schizophrenia coming on the market that he wanted to try with Jimmy. Risperdal. It was different from the old antipsychotics, he said. By the time Ed saw him again, with me in the hospital and Jimmy out of control at home, Risperdal was available and the sales reps had made their rounds. Our doctor ransacked his office, pulling out every sample packet he could find and handing them to Ed, who stuffed his pockets full and carried the rest out in his hands. He drove straight to Osco's to fill the prescription before going home to Jimmy and my mother.

The Risperdal worked. With his first dose, Jimmy calmed, the tantrums dropped to nothing, and for the first time in his life he had a bedtime. Ed could read him a story and tuck him in bed and he stayed there and he slept.

Later on I told this story to one of the founders of the National Alliance for Autism Research, who was himself a psychiatrist and the father of an autistic child. He frowned and looked puzzled for a moment, then said, "Jimmy had to have been one of the first children in the country to take Risperdal."

He was.

Risperdal is a tough drug to take; it's nothing to fool around with. It is also a miracle drug, or was for us. On October 6, 2006 it became the first drug to be approved for the treatment of "irritability associated with autism." I believe that Risperdal, along with the other atypical antipsychotics, has produced a new generation of young men and women Jimmy's age who are living in the community instead of in back wards, in restraints, which is where Jimmy was headed.

Claudia Goldin and Lawrence Katz's observation that educated workers are early adopters has stayed with me. With autism, Ed and I have been early adopters.

Being an early adopter in the realm of psychotropic medications administered to your 4-year old is different from being an early adopter of an iPhone. We knew no one who was using meds, and we knew many who thought we were crazy or worse.

To be an early adopter with the big things, you have to be unshakably confident in your ability to listen, read, and think. You probably have to be as confident as the shrink in the cowboy boots, who turned out to be confident for a reason: he was good at his job. He didn't know what he was talking about with the core symptoms business; that was malarkey. But he could look at a child, talk to the parents, prescribe a medication off-label, and make it work. He was an early adopter, too.

Risperdal saved Jimmy's life. When Jimmy was 4, the social worker at the Regional Center told me, "I can see that you and Jimmy have a very close relationship. But in a few years, you will come to me for a placement."

I didn't, but she wasn't wrong. Three years later, the experts in our lives agreed that it was time.

That Jimmy's life turned out so differently is a tribute to education: to the education of the psychiatrists we've worked with for nearly 20 years, to the education of the teachers and behavior analysts who taught Jimmy and us, to the education of the research scientists in their labs, and, not least, to the many years of education Ed and I had when we were young.

Being educated ourselves, we were able, often enough, to know a good idea when we heard it.

We could spot malarkey, too.

Wednesday, July 16, 2008

double major


Abstract

We use the 2003 National Survey of College Graduates to provide the first estimates of the effect on earnings of having a double major. Overall, double majoring increases earnings by 2.3% relative to having a single major among college graduates without graduate degrees. Most of the gains from having a double major come from choosing fields across two different major categories. Graduates who combine an arts, humanities or social science major with a major in business, engineering, science or math have returns 7–50% higher than graduates with a single major in arts, humanities or social science. But such double major combinations have returns no higher than single majors in business, engineering, science or math. Majors combining business and science or math have returns more than 50% greater than the returns to having a single major in these fields.

Double your major, double your return?
Alison F. Del Rossia, Joni Herschb
Economics of Education Review 27 (2008) 375–386

This is exactly the premise I've been acting on.

C.'s talents & inclinations lie in the humanities-slash-social sciences -- more the social sciences, I would say.

I've been assuming that having him be as good at math as he possibly can is going to be an advantage in terms of careers down the line. (I also assume that the field of history may take another crack at using statistical analysis in the future. Statistical history had a vogue in the 1960s or 1970s -- don't know when, exactly -- & didn't pan out, but I'm guessing that the development of Bayesian statistics combined with the fact that countries are now keeping so much data will convince young historians to try it again.)

A few years ago, Carolyn told me that one of the main reasons she was able to get a job in private industry, coming out of a math professorship, was that she told the interviewer that she liked to write. The guy perked up when he heard that.

This "value-added" notion is also the reason why I regret not having made sure C. learned a second language to fluency.

My dad used to lecture us girls. "Learn to type," he would say, standing in the kitchen door. "In case anything happens to your husband."

I did learn to type; I'm an extremely good typist. Neighborhood of 110 wpm sort of typist.

My dad was right. I didn't end up needing to support myself by typing, but I did end up being much more productive as a writer because I type so rapidly.

I still think typing is a good thing, and I've added "math" and "foreign language" to the category of good things to know in case something happens to your spouse.

Or in case something doesn't, of course.

Tuesday, July 15, 2008

been there, done that

Abstract

Economists have identified a substantial adult wage premium attached to high school leadership activity. Unresolved is the extent to which it constitutes human capital acquisition or proxies for an ‘‘innate’’ unobserved skill. We document a determinant of high school leadership activity that is associated purely with school structure, rather than genetics or family background – a student’s relative age. State-specific school entry cut-offs induce systematic within grade variation in student maturity, which in turn generates differences in leadership activity. We find that the relatively oldest students are 4–11 percent more likely to be high school leaders.

What makes a leader? Relative age and high school leadership (pdf file)
Elizabeth Dhueya, , Stephen Lipscombb
Economics of Education Review 27 (2008) 173–183


I've seen this over and over and over and over ........ again.


relative age effect
high school leadership, wages, and relative age
redshirting kids
redshirting & tournament settings