We estimate the causal effects of a large unanticipated natural disaster on high schoolers’ university enrolment decisions and subsequent medium-term labour market outcomes. Using national administrative data after a destructive earthquake in New Zealand, we estimate that the disaster raises tertiary education enrolment of recent high school graduates by 6.1 percentage points. The effects are most pronounced for males, students who are academically weak relative to their peers, and students from schools directly damaged by the disaster. As relatively low ability males are overrepresented in sectors of the labour market helped by the earthquake, greater demand for university may stem from permanent changes in deeper behavioural parameters such as risk aversion or time preference, rather than as a coping response to poor economic opportunities.
And just like that, somehow we’re only three sleeps from Christmas and another year has flown by. It always seems like time speeds up once we hit September and that the final three months of the year disappear in the … Continue reading →
When it comes to researching properties and places around Christchurch, we historians review and compare a wide range of resources in order to figure out exactly what was happening there during the 19th century. By far one of the most … Continue reading →
Unless you’ve been living under a rock, you’ll be aware that Aotearoa New Zealand is facing a cost-of-living crisis. That weekly visit to the supermarket seems to be getting more expensive each time. Throughout history people have sought ways of … Continue reading →
Welcome back to Part Two of ‘displaying wealth and status in buildings’. Now, before we get into the interior of the building, I want you to use your imagination when looking at the upcoming photos. Prior to taking these photos, … Continue reading →
The act of showing off wealth and status through material is a concept that has been happening throughout human history. This does not necessarily mean that the person had the wealth and status they were portraying, instead some people just … Continue reading →