GAINI, M.; LEDUC, A.; VICARD, A. - Département des Études Économiques d'Ensemble (D3E), … - 2012
This paper examines the impact of the business cycle on school-leaving decisions in France for the period 1983-2009. Business cycle effects are twofold. On the one hand, bad economic conditions reduce the opportunity cost of schooling and may induce higher school participation. On the other...