| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29276 |
| 来源ID | Working Paper 29276 |
| The Returns to College(s): Relative Value-Added and Match Effects in Higher Education | |
| Jack Mountjoy; Brent R. Hickman | |
| 发表日期 | 2021-09-20 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Students who attend different colleges in the U.S. end up with vastly different economic outcomes. We study the role of relative value-added across colleges within student choice sets in producing these outcome disparities. Linking high school, college, and earnings registries spanning the state of Texas, we identify relative college value-added by comparing the outcomes of students who apply to and are admitted by the same set of institutions, as this approach strikingly balances observable student potential across college treatments and renders our extensive set of covariates irrelevant as controls. Methodologically, we develop a framework for identifying and interpreting value-added under varying assumptions about match effects and sorting gains. Empirically, we estimate a relatively tight, though non-degenerate, distribution of relative value-added across the wide diversity of Texas public universities. Selectivity poorly predicts value-added within student choice sets, with only a fleeting selectivity earnings premium fading to zero after a few years in the labor market. Non-peer college inputs like instructional spending more strongly predict value-added, especially conditional on selectivity. Colleges that boost BA completion, especially in STEM majors, also tend to boost earnings. Finally, we probe the potential for (mis)match effects by allowing value-added schedules to vary by student characteristics. |
| 主题 | Econometrics ; Estimation Methods ; Subnational Fiscal Issues ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w29276 |
| 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/586950 |
| 推荐引用方式 GB/T 7714 | Jack Mountjoy,Brent R. Hickman. The Returns to College(s): Relative Value-Added and Match Effects in Higher Education. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29276.pdf（1174KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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