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Published October 27, 2022 | public
Report

Crises and Intergenerational Mobility

Abstract

I study the impact of the Great Depression on the educational attainment and intergenerational education mobility of U.S. males. I collect local data on youth unemployment and school quality during the Depression and study their effect on secondary education. Using Census data on males and their fathers, my difference-in-differences strategy attempts to explain the variation in schooling and mobility across cohorts. I find that worsening labor markets for youth significantly increased the school attendance of youth from poor, but not wealthy, families while public spending cuts decreased it. Overall, I find that the Depression increased intergenerational education mobility.

Additional Information

I would like to thank Paola Sapienza, Carola Frydman, Scott Baker, and Joel Mokyr, for their patience and guidance. For suggestions, I also thank Menaka Hampole, Adam Jørring, Sarah Quincy, Adriana Troiano, Nic Ziebarth, as well as seminar participants at the Northwestern Economic History Seminar, the Kellogg Finance Brown Bag, and the Western Economic Association International annual meeting. This research has been supported by Kellogg Dean's Office Research Grant, the Dissertation Fellowship from the Economic History Association, and the Center for Economic History at Northwestern.

Additional details

Created:
August 20, 2023
Modified:
October 24, 2023