Education and labor supply: An extended demographic model of the Chicago region
This thesis develops an extended demographic model of the Chicago region which projects the educational attributes of the population. The region is further subdivided into two zones, city and suburb, and two racial/ethnic groups are identified and disaggregated according to gender. Central to the methodology is disaggregation of the school age population into student states and application of the concept of educational survivorship to simulate student flows through all levels of education. The model resembles the supply side of a manpower requirements model when education and other variables are used to project the supply of occupationally qualified labor within a regional labor market. This notion of supply is compared with independent projections of occupational demand to determine the nature and extent of possible imbalances in the labor market by labor type.
University of Illinois - Urbana-Champaign
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University of Illinois at Urbana-Champaign