The Effect of Liquid Housing Wealth on College Enrollment

By Michael F. Lovenheim. Journal of Labor Economics, 2011

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Working (and studying) day and night: Heterogeneous effects of working on the academic performance of full-time and part-time students (2014, background): “Lovenheim (2011) provides evidence that fluctuations in house prices affect financial decisions related to college, with rises in housing Estimates of the relationship between academic performance and rking for full-time students using lagged hours of work as internal 11 See Arellano and Bover…”
Do Family Wealth Shocks Affect Fertility Choices? Evidence from the Housing Market (2013, methodology): “Lovenheim (2011) uses a similar method for identifying the causal effect of housing wealth on college attendance, and it is based on the assumption that the geographic variation in the strength and timing of the housing boom was conditionally exogenous to individual household behavior.”
Credit Constraints in Education (2011, unknown): “In an attempt to address concerns about the endogeneity of family wealth, Lovenheim (2011) uses data from the Panel Survey of Income Dynamics to estimate the impacts of exogenous changes in housing wealth (driven by local housing booms and busts) on post-secondary enrollment decisions.”
Understanding the Income Gradient in College Attendance in Mexico: The Role of Heterogeneity in Expected Returns (2014, background): “Lovenheim (2011) uses short-run housing wealth changes to identify the effect of housing wealth on college attendance.”