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来源类型Working Paper
规范类型报告
DOI10.3386/w18745
来源IDWorking Paper 18745
College as Country Club: Do Colleges Cater to Students' Preferences for Consumption?
Brian Jacob; Brian McCall; Kevin M. Stange
发表日期2013-01-25
出版年2013
语种英语
摘要This paper investigates whether demand-side market pressure explains colleges' decisions to provide consumption amenities to their students. We estimate a discrete choice model of college demand using micro data from the high school classes of 1992 and 2004, matched to extensive information on all four-year colleges in the U.S. We find that most students do appear to value college consumption amenities, including spending on student activities, sports, and dormitories. While this taste for amenities is broad-based, the taste for academic quality is confined to high-achieving students. The heterogeneity in student preferences implies that colleges face very different incentives depending on their current student body and the students who the institution hopes to attract. We estimate that the elasticities implied by our demand model can account for 16 percent of the total variation across colleges in the ratio of amenity to academic spending, and including them on top of key observable characteristics (sector, state, size, selectivity) increases the explained variation by twenty percent.
主题Health, Education, and Welfare ; Education ; Labor Economics ; Demography and Aging
URLhttps://www.nber.org/papers/w18745
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576418
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Brian Jacob,Brian McCall,Kevin M. Stange. College as Country Club: Do Colleges Cater to Students' Preferences for Consumption?. 2013.
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