uu.seUppsala University Publications
Change search
ReferencesLink to record
Permanent link

Direct link
What's the value of an acceptance letter?: Using admissions data to estimate the return to college
Uppsala University, Units outside the University, Office of Labour Market Policy Evaluation.
2010 (English)In: Economics of Education Review, ISSN 0272-7757, Vol. 29, no 4, 504-516 p.Article in journal (Refereed) Published
Abstract [en]

This paper exploits discontinuities and randomness in the college admissions in Sweden in 1982, to estimate the economic return to college in the 1990s. At the time, college admissions were highly selective and applicants were ranked with respect to their formal merits. Admissions were given to those ranked higher than some threshold value. At the margin, applicants were sometimes randomly assigned to college. Exploiting this Regression-Discontinuity design, individuals who were admitted in 1982 are estimated to have about 0.20 years longer college education in 1996. However, the earnings effects for applicants at the margin of admission are insignificant. Controlling for the college admission determinants, the OLS-estimates of the return to college is 1.4 percent in 1991-96. The IV-estimates are not significantly different from the OLS counterparts.

Place, publisher, year, edition, pages
2010. Vol. 29, no 4, 504-516 p.
Keyword [en]
Human capital, Rate of return, Educational economics
National Category
Research subject
URN: urn:nbn:se:uu:diva-143159DOI: 10.1016/j.econedurev.2009.12.003ISI: 000279212500002OAI: oai:DiVA.org:uu-143159DiVA: diva2:389465
Available from: 2011-01-19 Created: 2011-01-19 Last updated: 2012-03-30Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full text

Search in DiVA

By author/editor
Öckert, Björn
By organisation
Office of Labour Market Policy Evaluation
In the same journal
Economics of Education Review

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 210 hits
ReferencesLink to record
Permanent link

Direct link