The Treatment Effect of Business Education on the Supply of High School Entrepreneurs in Atlanta and New Orleans

Price, Gregory N.; Surprenant, Chris W.

doi:10.1177/05694345211016310

Cited by 4 publications

(2 citation statements)

References 49 publications

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“…Similar to Elu et al (2019), Price et al (2011), and Price & Surprenant (2022), to parameterize and estimate the treatment effect of being an adherent/member of the NOI, we deploy the Rubin potential outcomes causal framework (Rubin, 2005). As in Imbens (2004), consider a sample characterized by ( Y i, X i, T i), where the Y i are continuous or discrete scalar outcomes for the treated and untreated states of Y(1) and Y(0) respectively, the X i are covariates measuring individual characteristics, and the T i are treatment indicators for whether an individual is an adherent/member of the NOI.…”

Section: Methodsmentioning

confidence: 99%

Did Elijah Muhammad's Message To the Black Man Uplift Adherents? The Treatment Effects of Membership In The Nation of Islam

Price

Robinson²

2022

The Review of Black Political Economy

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Established in 1930, the Nation of Islam (NOI) offered uplift to the wellbeing of Black Americans. Its charismatic leader, the Honorable Elijah Muhammad, articulated how membership in the NOI would improve the well-being of Black Americans. We consider the impact of NOI membership on several measures of individual well-being. Using data from the first wave of the National Survey of Black Americans, we appeal to the Rubin Causal Framework to estimate the treatment effect of being a member of the NOI on certain outcomes: e.g., overall socioeconomic status, self-employment, self-esteem, and health status. To enable causal interpretation, we estimate the treatment parameters by matching on observable covariates that are not affected by the treatment. Treatment parameter estimates suggest that, at least in the late 1970s, had the NOI been able to expand its membership, new adherents would have benefited from enhanced Black identity, a higher likelihood of not having common health problems, and a lower likelihood of hypertension, diabetes, cardiovascular disease, and incarceration. Our findings suggest that the NOI could have had a substantial impact on the individual well-being of Black Americans if it were larger, and that NOI-like organizations can help mitigate race-based inequalities in well-being.

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Section: Methodsmentioning

confidence: 99%

Did Elijah Muhammad's Message To the Black Man Uplift Adherents? The Treatment Effects of Membership In The Nation of Islam

Price

Robinson²

2022

The Review of Black Political Economy

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“…Third, we use the nearest-neighbor matching algorithm to identify colleges operating in other states that are observationally similar to 4-year institutions in Washington. Like Price & Surprenant, 2022, use 4 nearest-neighbor matches using propensity scores given evidence by Imbens, 2004 that matching parameter estimates are robust when selecting between 1 and 4 matches. 6…”

Section: Datamentioning

confidence: 99%

Student Loan Debt Response to Tuition Changes

Dowdy,

Dacass

2023

The American Economist

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Amid rising concerns regarding student loan debt, we examine the effect of Washington State’s College Affordability Program introduced in 2015 on undergraduate student loan debt to provide policy-makers with additional tools to help prevent another student loan debt crisis. The program reduced tuition for resident full-time undergraduate students at public colleges and universities for two consecutive academic years. This policy adoption created a natural experiment that we exploit to identify a causal link between tuition and loans. Using college-level data for the 2009–2010 through 2021–2022 academic years and employing a difference-in-differences model in conjunction with nearest-neighbor matching, we show that a decrease in college tuition following the adoption of the College Affordability Program caused a $637.96 (9 percentage-point) decline in average loans among first-time, full-time undergraduates in Washington State relative to undergraduates from matched U.S. schools. JEL Codes: G28, I22

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Are Historically Black Colleges and Universities an Ecosystem for Black Entrepreneurship? Some Evidence From the Brookings Institution 2022 Black Progress Index Data

Price,

Toney

2024

The American Economist

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Historically, Black Americans have owned businesses at a lower rate than White Americans. While there is a vast literature on the factors that explain this disparity, machine-learning analytics have not been exploited to capture relevant predictive determinants of the formation of Black-owned Businesses. In this paper, we utilize the Brookings Institution 2022 Black Progress Index Data to explore, similar to the approaches in criminology, the attractors and generators of Black-owned businesses across US counties. We augment the Brookings data to account for the presence of a Historically Black College/University (HBCU) in the county, and deploy a rigorous least absolute shrinkage and selection operator—a machine-learning analytical tool—to identify the best predictors of Black-owned businesses in a county, and classify them as attractors and/or generators in regression specifications. Parameter estimates from several mixed effects regressions specifications reveal that HBCUs are an attractor/generator of Black entrepreneurship. Treatment effect matching parameter estimates suggest that the HBCU effects on Black entrepreneurship outcomes are causal. Overall, our findings suggest that HBCUs constitute an ecosystem for Black entrepreneurship as they are an important catalyst and driver of Black-owned businesses, and can serve a substantive role in reducing racial entrepreneurship disparities. Our results suggest that policies that engender private or public investments in HBCU capacity to enhance their Black entrepreneurship ecosystem can be effective in reducing Black-White disparities in entrepreneurship and business ownership.

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The Treatment Effect of Business Education on the Supply of High School Entrepreneurs in Atlanta and New Orleans

Cited by 4 publications

References 49 publications

Did Elijah Muhammad's Message To the Black Man Uplift Adherents? The Treatment Effects of Membership In The Nation of Islam

Did Elijah Muhammad's Message To the Black Man Uplift Adherents? The Treatment Effects of Membership In The Nation of Islam

Student Loan Debt Response to Tuition Changes

Are Historically Black Colleges and Universities an Ecosystem for Black Entrepreneurship? Some Evidence From the Brookings Institution 2022 Black Progress Index Data

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