Workers are becoming increasingly concerned about the impact that globalization has on their domestic labor market. While existing research typically focuses on the e¤ects on labor market outcomes such as wages and employment, we examine whether American workers respond to globalization by increasing their investment in human capital. Speci…cally, we measure the extent to which o¤shoring and immigration a¤ect enrollment at institutions of higher education. The results indicate that both o¤shoring and immigration increase enrollment at community colleges, particularly among older students. We conclude that workers in the U.S. are responding to o¤shoring and immigration by acquiring the skills necessary to compete in a global economy.Keywords: globalization, higher education, enrollment, o¤shoring, immigration JEL Codes: F16, I2, J24
This study uses putting on the PGA TOUR to examine peer effects in a competitive setting. The nature of play in golf, in which players complete tasks in a discrete order with a group of randomly assigned peers, provides a unique opportunity to observe these effects among individuals competing in a high‐stakes tournament. Players have the chance both to learn from their peers, as well as to be psychologically impacted by peer success or failure. We find that learning by observing peers has a positive impact on a player's performance, while peer outcomes are negatively correlated with a player's own performance. (JEL D03, D83, L83)
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