WIAS Seminar
“Assortative Matching and Complementarity in College Markets” (August 1)
講演者 / Speaker
Evan RIEHL （Assistant Professor, Department of Economics, Cornell University）
日 時 / Date & Time
Tuesday, August 1 2017, 11:00-12:30
会 場 / Venue
CTLT Classroom #203 (3-203), 2nd floor in the Bldg. 3, Waseda University
主 旨 / Abstract
“Assortative Matching and Complementarity in College Markets”
Abstract:
This paper examines one type of assortative matching in college markets: students with high socioeconomic status (SES) are more likely to attend high quality colleges. Assortativity matters if SES and college quality are complementary educational inputs. I develop an econometric framework that provides tests for the existence and sign of this complementarity. I implement these tests by exploiting a 2000 reform of the national college admission exam in Colombia, which caused a market-wide reduction in assortative matching in some regions of the country. I find that the reform lowered average graduation rates and post-college earnings in affected regions, consistent with a positive complementarity between SES and college quality. I also find evidence of mismatch: part of these negative effects came from the low SES students who were shifted into higher quality colleges. However, both the market-wide and mismatch effects die out several cohorts after the exam reform, which suggests that complementarity may evolve with large-scale changes in assortativity.
Paper Link:
http://www.columbia.edu/~eer2131/papers/riehl_jmp.pdf
対 象 / Prospected Audience
Faculty and staff members of a university, grad students, the general publics
主 催 / Organizer
Waseda Institute for Advanced Study,Waseda University
申込み / Registration
No pre-registration is required. Please come to the event venue directly.
