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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21230 |
来源ID | Working 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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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