G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21230
来源IDWorking Paper 21230
The Big Sort: College Reputation and Labor Market Outcomes
W. Bentley MacLeod; Evan Riehl; Juan E. Saavedra; Miguel Urquiola
发表日期2015-06-08
出版年2015
语种英语
摘要Spence (1973) noted that individuals’ choice of educational quantity—measured by years of schooling—may stem partially from a desire to signal their ability to the labor market. This paper asks if individuals’ choice of educational quality—measured by college reputation—may likewise signal their ability. We use data on the admission scores of all Colombian college graduates to define a measure of reputation that gives clear predictions in a signaling framework. We find that college reputation, unlike years of schooling, is correlated with graduates’ earnings growth. We also show that Colombia’s staggered rollout of a new signal of skill—a college exit exam—reduced the earnings return to reputation and increased the return to individual admission scores. These results are consistent with the hypothesis that a college’s reputation provides information about the ability of its student body and about its value added, broadly understood.
主题Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand ; Labor Compensation
URLhttps://www.nber.org/papers/w21230
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578905
推荐引用方式
GB/T 7714
W. Bentley MacLeod,Evan Riehl,Juan E. Saavedra,et al. The Big Sort: College Reputation and Labor Market Outcomes. 2015.
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