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University selectivity and earnings: Evidence from UK data on applications and admissions to university

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  • Broecke, Stijn

Abstract

This paper estimates the returns to university selectivity in the UK using administrative data on applications and admissions to university, linked to a survey of graduates three and a half years after graduation. It compares students who indicated preferences for, and were conditionally accepted to, the same universities – but who attended different ones because some failed to meet the conditions of their preferred offer. The results suggest that one standard deviation in selectivity leads to a 7% increase in earnings.

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Bibliographic Info

Article provided by Elsevier in its journal Economics of Education Review.

Volume (Year): 31 (2012)
Issue (Month): 3 ()
Pages: 96-107

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Handle: RePEc:eee:ecoedu:v:31:y:2012:i:3:p:96-107

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Web page: http://www.elsevier.com/locate/econedurev

Related research

Keywords: University selectivity; Rate of return;

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References

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  1. Hussain, Iftikhar & McNally, Sandra & Telhaj, Shqiponja, 2009. "University Quality and Graduate Wages in the UK," IZA Discussion Papers 4043, Institute for the Study of Labor (IZA).
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  3. Arnaud Chevalier & Gavan Conlon, 2003. "Does it pay to attend a prestigious university?," Working Papers 200320, School Of Economics, University College Dublin.
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  7. Mark Hoekstra, 2009. "The Effect of Attending the Flagship State University on Earnings: A Discontinuity-Based Approach," The Review of Economics and Statistics, MIT Press, vol. 91(4), pages 717-724, November.
  8. Kevin Lang & Erez Siniver, 2010. "Why Is an Elite Undergraduate Education Valuable? Evidence from Israel," Boston University - Department of Economics - Working Papers Series WP2010-017, Boston University - Department of Economics.
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  10. Berhman, J-R & Kletzer, L & Constantine, J & McPherson, M & Schapiro, M-O, 1996. "The Impact of College Quality on Wages : Are There Differences Among Demographic Groups?," Williams Project on the Economics of Higher Education DP-38, Department of Economics, Williams College.
  11. Black, Dan A. & Smith, J.A.Jeffrey A., 2004. "How robust is the evidence on the effects of college quality? Evidence from matching," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 99-124.
  12. Dolton, P. J. & Vignoles, A., 2002. "Is a broader curriculum better?," Economics of Education Review, Elsevier, vol. 21(5), pages 415-429, October.
  13. Behrman, Jere R & Rosenzweig, Mark R & Taubman, Paul, 1996. "College Choice and Wages: Estimates Using Data on Female Twins," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 672-85, November.
  14. Monks, James, 2000. "The returns to individual and college characteristics: Evidence from the National Longitudinal Survey of Youth," Economics of Education Review, Elsevier, vol. 19(3), pages 279-289, June.
  15. Dominic J. Brewer & Eric R. Eide & Ronald G. Ehrenberg, 1999. "Does It Pay to Attend an Elite Private College? Cross-Cohort Evidence on the Effects of College Type on Earnings," Journal of Human Resources, University of Wisconsin Press, vol. 34(1), pages 104-123.
  16. Long, Mark C., 2008. "College quality and early adult outcomes," Economics of Education Review, Elsevier, vol. 27(5), pages 588-602, October.
  17. Dan A. Black & Jeffrey A. Smith, 2006. "Estimating the Returns to College Quality with Multiple Proxies for Quality," Journal of Labor Economics, University of Chicago Press, vol. 24(3), pages 701-728, July.
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