The Production and Stock of College Graduates across U.S. States
Early Career Research Award
The stock of human capital in an area has been shown to be incredibly important for economic growth and development. Given this importance, numerous researchers and policymakers are interested in how states can grow their stock of human capital. Highly educated workers are often quite mobile and there is a concern that public investments in higher education may not benefit the state if the state’s college graduates leave the state after finishing their education. The proposed project seeks to address the relationship between the production and stock of college graduates for U.S. states using microdata from the decennial census and American Community Survey. I will exploit a feature of the data that reports both the state in which an individual currently resides and the state in which they were born to measure the stock of college graduates in the state and the production of college graduates from the state. I will examine the relationship between the production and stock of college graduates both across states and across cohorts within states.