Prestige Matters: Wage Premium and Value Addition in Elite Colleges

• 成果类型: Article
• 署名作者: Sekhri, Sheetal
• 署名单位: University of Virginia
• 刊物名称: AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS
• ISSN/ISSBN: 1945-7782
• DOI: 10.1257/app.20140105
• 发表日期: 2020
• 页码: 207-225
• 关键词: quality; selection; earnings; BENEFIT; CHOICE

摘要

This paper provides evidence that graduates of elite public institutions in India have an earnings advantage in the labor market even though attending these colleges has no discernible effect on academic outcomes. Admission to the elite public colleges is based on the scores obtained in the Senior Secondary School Examinations. I exploit this feature in a regression discontinuity design. Using administrative data on admission and college test scores and an in-depth survey, I find that the salaries of elite public college graduates are higher at the admission cutoff although the exit test scores are no different.