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来源类型Working Paper
规范类型报告
DOI10.3386/w5613
来源IDWorking Paper 5613
Does It Pay To Attend An Elite Private College? Cross Cohort Evidence on the Effects of College Quality on Earnings
Dominic J. Brewer; Eric Eide; Ronald G. Ehrenberg
发表日期1996-06-01
出版年1996
语种英语
摘要While there is evidence of a substantial and rising labor market premium associated with college attendance, little is known about how this premium varies across institutions of different quality and across time. Previous research which has estimated the return to college quality has not taken into account that individuals likely select the type of college they attend based in part on the expected economic return and net costs. In this paper we explicitly model high school students' choice of college type (characterized by quality and control) based on individual and family characteristics (including ability and parental economic status), and an estimate of the net costs of attendance and expected labor market return. We estimate selectivity corrected outcome equations, using data from both the National Longitudinal Study of the High School Class of 1972 and High School and Beyond, which permit us to determine the effects of college quality on wages and earnings and how this effect varies across time. Even after controlling for selection effects there is strong evidence of significant economic return to attending an elite private institution, and some evidence that this premium has increased over time.
主题Labor Economics ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w5613
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/563090
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GB/T 7714
Dominic J. Brewer,Eric Eide,Ronald G. Ehrenberg. Does It Pay To Attend An Elite Private College? Cross Cohort Evidence on the Effects of College Quality on Earnings. 1996.
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