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College, cognitive ability, and socioeconomic disadvantage: policy lessons from the UK in 1960-2004

Author

Listed:
  • Ichino, Andrea
  • Rustichini, Aldo
  • Zanella, Giulio

Abstract

University access has greatly expanded during the past decades and further growth figures prominently in political agendas. We study possible consequences of historical and future expansions in a stochastic, general equilibrium Roy model where tertiary educational attainment is determined by cognitive ability and socioeconomic disadvantage. The enlargement of university access enacted in the UK following the 1963 Robbins Report provides an ideal case study to draw lessons for the future. We find that this expansion led to the selection into college of progressively less talented students from advantaged backgrounds and to a declining college wage premium across cohorts. Our structural estimates indicate that the implemented policy was unfit to reach high- ability, disadvantaged individuals as Robbins had instead advocated. We show that counterfactual meritocratic selection policies would have attained that goal and so would have also been progressive.

Suggested Citation

  • Ichino, Andrea & Rustichini, Aldo & Zanella, Giulio, 2022. "College, cognitive ability, and socioeconomic disadvantage: policy lessons from the UK in 1960-2004," CEPR Discussion Papers 17284, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:17284
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    More about this item

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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