Returns to Elite Higher Education in the Marriage Market: Evidence from Chile
2013 (English)Article, review/survey (Other academic) Submitted
In this paper we estimate the marriage market returns of attending a higher ranked (“elite”) university. We exploit a centrally administered allocation system based on admission test scores in Chile that enables a regression discontinuity design to identify causal effects. We combined this data on college placement with administrative records on family structure for the population of students that take the admission test. We find that attending a higher ranked university program has substantial returns in terms of partner quality for both sexes, but more pronounced for female students. Moreover, we analyze how the returns vary with students’ background and how they differ by types of universities-degree programs. We find that returns are highest for students in top programs, for men in programs with many women, and for students from higher socioeconomic backgrounds, measured by parental education and occupation. This evidence suggests the existence of returns to education quality and help explaining the high female enrollment rate despite the relative lower returns to education and labor force participation (the female enrollment puzzle).
Place, publisher, year, edition, pages
IdentifiersURN: urn:nbn:se:uu:diva-204399OAI: oai:DiVA.org:uu-204399DiVA: diva2:638740