Christopher D. Blake, Danna Kang Thomas, Joshua Hess
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引用次数: 0
Abstract
Using a two-way fixed effects difference-in-differences model, we investigate the effects of local recreational marijuana (RMJ) policy changes on college applications and find that the three largest state public schools reaped, on average, an almost 54% increase in applications. This increase does not appear to come solely from low-ability students as both first and third quartiles of admitted student composite SAT scores to the largest three public schools do not decrease. Rather, they both increase by almost 3.8% though these estimates are not statistically significant. Robust difference-in-difference and event study models support the signs and magnitudes of these gains and show they diminish over time.
通过使用双向固定效应差分模型,我们研究了地方娱乐性大麻(RMJ)政策变化对大学申请的影响,发现州内最大的三所公立学校的申请人数平均增加了近 54%。这种增长似乎并不完全来自低能力学生,因为最大的三所公立学校录取学生的 SAT 综合分数的第一和第三四分位数都没有下降。相反,它们都增加了近 3.8%,尽管这些估计值在统计上并不显著。稳健的差分模型和事件研究模型支持这些收益的符号和幅度,并显示它们会随着时间的推移而减少。
期刊介绍:
Contemporary Economic Policy publishes scholarly economic research and analysis on issues of vital concern to business, government, and other decision makers. Leading western scholars, including three Nobel laureates, are among CEP"s authors. The objectives are to communicate results of high quality economic analysis to policymakers, focus high quality research and analysis on current policy issues of widespread concern, increase knowledge among economists of features of the economy key to understanding the impact of policy, and to advance methods of policy analysis.