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Black, Dan; Daniel, Kermit; Sanders, Seth – 1996
Economic theory suggests that when the reduction in earnings from dropping out of school is minimal, dropout rates will be high. As earnings loss for dropouts grows, however, the dropout rate should decrease. This chapter examines whether these predicted effects actually occur by looking at changes in dropout rates in Kentucky in the 1970s and…
Descriptors: Business Cycles, Coal, Dropout Rate, Dropouts