Rankings de Universidades Chilenas Según los Ingresos de sus Titulados

This paper ranks Chilean universities for a sample of careers, using income data of graduates some years into their professions. The concept of ranking is constrained to categories, namely first-, secondand third-class universities, so defined with respect to the average of all universities. For the estimations, a two-level model is used with graduates from the same career, level 1, and grouped by universities, level 2. Some conclusions can be drawn from the results. First, rank depends on the career choice. However, universities in the Santiago and Valparaíso regions seem to predominate, particularly the traditional (existing before the Reform of 1981 that boosted the creation of private colleges) and earlier established ones. Second, rankings are generally robust when considering different groups of graduates. However, some evidence exists in favor of a tradeoff between number and quality of professionals, and of the presence of a “signal” effect à la Spence.