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On the relationship between business cycle and college enrollment in the U.S.: a time series approach
Economics and Business Letters
View Archive Info| Field | Value | |
| Title |
On the relationship between business cycle and college enrollment in the U.S.: a time series approach
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| Creator |
Sapkota, Pratikshya
Bastola, Umesh |
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| Description |
We examine causality between business cycle and college enrollment in the United States using a macro-level data from 1970 to 2011. Autoregressive distributed lag (ARDL) bounds test and Johansen test for cointegration resulted in existence of a stable long-run cointegrating relationship among unemployment rate, per capita GDP, and college enrollment. We find unemployment rate to Granger cause college enrollment in both the short and the long run while GDP per capita to Granger cause college enrollment in the long run. These findings provide evidence for significant causal relationship between college enrollments and economic fluctuations.
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| Publisher |
Oviedo University Press
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| Contributor |
—
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| Date |
2015-03-17
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://www.unioviedo.es/reunido/index.php/EBL/article/view/10408
10.17811/ebl.4.1.2015.7-16 |
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| Source |
Economics and Business Letters; Vol 4, No 1 (2015): March; 7-16
Economics and Business Letters; Vol 4, No 1 (2015): March; 7-16 2254-4380 10.17811/ebl.4.1.2015 |
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| Language |
eng
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| Relation |
http://www.unioviedo.es/reunido/index.php/EBL/article/view/10408/10215
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| Rights |
Copyright (c) 2015 Economics and Business Letters
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