Urban living increases employment prospects and consumption opportunities but also exposes individuals to numerous urban problems including high living costs, congestion, pollution, crime, and traffic among others. New research by John Winters and Yu Li examines the overall effects of urban living on happiness in the US as measured by self-reported life satisfaction. They find that living in large […]
State merit-based financial aid programs increase the likelihood that college graduates will remain in their home state.
With the effects of the financial crisis still being felt across the U.S., having a highly educated population is now more important than ever. Seeking to encourage students into higher education, many states have implemented merit programs which provide college scholarships to in-state students. David Sjoquist and John Winters examine the effectiveness of these programs, finding that strong merit aid […]
Metropolitan areas with a more educated population have higher employment rates, especially for those without a college degree.
U.S. unemployment still lingers above recent historical averages, but some areas are doing much better than others. In particular, areas with higher average education levels have higher employment rates and lower unemployment rates, and this is not just true for highly educated individuals. By examining the ‘externalities’ of education, John Winters finds that less educated workers especially benefit from the […]