November 14, 2024
9:00 - 11:00 a.m.
8:30 a.m. Breakfast Available
Breakfast, Keynote, Conference, and Discussion
College of ACES Library, Information and Alumni Center
1101 S. Goodwin, Urbana
The Forum on the Future of AI in Education will host a discussion on recent developments in AI in teaching and learning in the field of education. The Forum will also highlight the policy implications for K12 education, the University of Illinois, and Illinois State Board of Education.
| RSVP by November 1 |
Education building, Room 333
Event Type: Lecture
This paper studies whether human capital investments are based on local rather than national demand, using three shocks with differential local effects: the dot-com crash, the 2008 financial crisis, and the shock making Delaware a financial headquarters. Event-study analyses show universities more exposed to sectoral shocks experience greater changes in sector-relevant majors. Using students' home and university locations and nearest-neighbor matching, this paper develops a test for whether information frictions explain this local elasticity, separately from migration frictions. Information frictions do not appear to explain the result. Findings are consistent with migration frictions, implying encouraging investments based on national demand may increase mismatch.
Contact: Jennifer Delaney
delaneyj@illinois.edu
Sponsor: Higher Education Collaborative