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Keywords:education 

Speech
An Economic Outlook - The Wharton School

I can?t formulate education policy, or allocate funds, or even make my own children study what I want them to ? although, of course, I?m immensely proud of them and they?ve made excellent choices without listening to me. But I can point to the research and what the data say. Changing our approach to how we invest in education and training won?t take care of the entire student debt issue, but it can help those who are disproportionately affected by it.
Speech , Paper 137

Speech
Remarks at Conference on Successful Strategies for Financial Literacy and Education

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Federal Reserve Bank of Chicago Chicago, IL
Speech , Paper 33

Journal Article
The Post-9/11 GI Bill

Fewer veterans are using their education benefits. Is this trend a problem — or a sign of a more welcoming job market?
Econ Focus , Issue 2Q , Pages 4-8

Working Paper
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium

We incorporate race into an overlapping-generations spatial-equilibrium model with neighborhood spillovers. Race matters in two ways: (i) the Black-White wage gap and (ii) homophily—the preferences of individuals over the racial composition of their neighborhood. We find that these two forces generate a Black-White college gap of 22 percentage points, explaining about 80% of the college gap in the data for the St. Louis metro area. Counterfactual exercises show that the wage gap and homophily explain 7 and 18 percentage points of the college gap, respectively. A policy of equalizing school ...
Working Papers , Paper 2022-036

Working Paper
Human Capital and Unemployment Dynamics: Why More Educated Workers Enjoy Greater Employment Stability

Why do more educated workers experience lower unemployment rates and lower employment volatility? A closer look at the data reveals that these workers have similar job finding rates, but much lower and less volatile separation rates than their less educated peers. We argue that on-the-job training, being complementary to formal education, is the reason for this pattern. Using a search and matching model with endogenous separations, we show that investments in match-specific human capital reduce the outside option of workers, implying less incentives to separate. The model generates ...
Finance and Economics Discussion Series , Paper 2014-09

Working Paper
Achievement Gap Estimates and Deviations from Cardinal Comparability

This paper assesses the sensitivity of standard empirical methods for measuring group differences in achievement to violations in the cardinal comparability of achievement test scores. The paper defines a distance measure over possible weighting functions (scalings) of test scores. It then constructs worst-case bounds for the bias in the estimated achievement gap (or achievement gap change) that could result from using the observed rather than the true test scale, given that the true and observed scales are no more than a fixed distance from each other. The worst-case weighting functions have ...
Finance and Economics Discussion Series , Paper 2015-40

What Is the Impact of School Closures during the Pandemic?

A regional economist at the St. Louis Fed discusses how extended school closures could affect the economy and society.
On the Economy

Journal Article
Workforce Development: Engaging Employers

Leaders of a community college, the YouthBuild charter school, and a public career and technical institute speaking on a Reinventing Our Communities conference panel addressed the need to forge stronger connections between high school and postsecondary education or employment, especially for ?opportunity youth? who are neither employed nor in school
Cascade , Volume 4

Survey Examines Health and Education Conditions in the Eighth District’s LMI Communities

In a recent survey of LMI community stakeholders, respondents expected some improvement in education conditions but a mixed outlook for health care in 2024.
On the Economy

Speech
Adaptation: How Educators and Employees Evolve to Meet the Needs of a Changing Landscape

"The changing landscape of the labor market offers an opportunity to assess how we?re preparing today?s students for tomorrow?s jobs,? said Philadelphia Fed President Patrick T. Harker today in his remarks on the role of higher education
Speech , Paper 154

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