Seminars & Events
APL (Ajiken Power Lunch)
Assortative Matching and Complementarity in College Markets
APL
(Ajiken
Power
Lunch)
is
a
lunchtime
workshop
open
to
public,
including
IDE
staffs,
visiting
research
fellows,
IDEAS
students,
outside
researchers
and
graduate
students.
This
workshop
provides
a
platform
for
presentation
of
any
work
in
progress
where
we
can
discuss
in
either
English
or
Japanese.
Those
who
would
attend
a
seminar
are
asked
to
announce
yourself
to
receptionists
on
your
arrival
at
the
IDE
and
to
obtain
APL
Organizers'
signature
on
your
admission
card
after
the
seminar.
Date&time:
August 3, 2017. (Thursday) 14：30-16：00
Venue:
Theme:
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.
Speaker：
Evan
Riehl
(Assistant
Professor,
Department
of
Economics,
Cornell
University)
Chair:
Languages:
English
Institute
of
Developing
Economies,
APL
Organizers
E-mail:
APL