The Global Distribution of College Graduate Quality

• 成果类型: Article
• 署名作者: Martellini, Paolo; Schoellman, Todd; Sockin, Jason
• 署名单位: University of Wisconsin System; University of Wisconsin Madison; Federal Reserve System - USA; United States Department of the Treasury
• 刊物名称: JOURNAL OF POLITICAL ECONOMY
• ISSN/ISSBN: 0022-3808
• DOI: 10.1086/726234
• 发表日期: 2024
• 页码: 434-483
• 关键词: management-practices; determinants; ECONOMICS; selection; WORLD; FIRMS; field

摘要

We measure college graduate quality-the average human capital of a college's graduates-for graduates from 2,800 colleges in 48 countries. Graduates of colleges in the richest countries have 50% more human capital than graduates of colleges in the poorest countries. Migration reinforces these differences: emigrants from poorer countries are highly positively selected on human capital. Finally, we show that these stocks and flows matter for growth and development by showing that college graduate quality predicts the share of a college's students who become inventors, engage in entrepreneurship, and become top executives both within and across countries.