University of California, Davis
One Shields Avenue
Department of Economics
Davis, CA 95616
NBER Working Papers and Publications
|October 2015||Locate Your Nearest Exit: Mass Layoffs and Local Labor Market Response|
with Andrew Foote, Ann Huff Stevens: w21618
Large shocks to local labor markets can cause long-lasting changes to employment, unemployment and the local labor force. This study examines the relationship between mass layoffs and the long-run size of the local labor force. It considers four main channels through which the local labor force may adjust: in-migration, out-migration, retirement, and disability insurance enrollment. We show that these channels account for over half of the labor force reductions following a mass layoff event. By measuring the residual difference between these channels and net labor force change, we also show that labor force non-participation accounted for much of the local labor force response in the period during and after the Great Recession.
|April 2015||Career Technical Education and Labor Market Outcomes: Evidence from California Community Colleges|
with Ann Huff Stevens, Michal Kurlaender: w21137
Career technical education (CTE) programs at community colleges are increasingly seen as an attractive alternative to four-year colleges, yet little systematic evidence exists on the returns to specific certificates and degrees. We estimate returns to CTE programs using administrative data from the California Community College system linked to earnings records. We employ estimation approaches including individual fixed effects and individual-specific trends, and find average returns to CTE certificate and degrees that range from 14 to 45 percent. The largest returns are for programs in the healthcare sector; estimated returns in non-health related programs range from 15 to 23 percent.