WIAS Seminar
“Assortative Matching and Complementarity in College Markets” (8/1)
講演者 / Speaker
Evan RIEHL （Assistant Professor, Department of Economics, Cornell University）
日 時 / Date & Time
2017年 8月 1日（火）11:00～12:30
会 場 / Venue
早稲田大学 早稲田キャンパス 3号館 2階 203教室 (CTLT Classroom 3)
主 旨 / Outline
“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
学部生・大学院生・研究者・教職員 等
主 催 / Organizer
早稲田大学 高等研究所
申込み / Registration
事前申込み不要です。直接会場にお越しください。
