Calendrier du 20 juin 2018
Economic History Seminar
Du 20/06/2018 de 12:30 à 14:00
Salle R1-13, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
ROTHSCHILD Emma (Harvard)
An Endless History: Economic Life in Angoulême, 1713-1906
PEPES (Paris Empirical Political Economics) Working Group
Du 20/06/2018 de 12:30 à 14:00
salle R1-16, campus Jourdan - 48 bd Jourdan 75014 Paris
JIA Ruixue (UCSD)
The Value of Elite Education in China
écrit avec Li Hongbin
This paper studies the labor market consequences of elite education in China, examines the relative importance of elite education and parental background, and sheds light on the mechanisms underlying the impacts of elite education on labor market outcomes. We overcome challenges of data availability and selection bias by compiling our own large-scale dataset and exploiting a discontinuity in elite university admissions eligibility that exists around college entrance exam cutoff scores. We find that receiving an elite education increases the monthly wages of workers by 30-40%. Elite education affects inter-generational mobility, but it does not change the influence that parental background has on employment outcomes. There is suggestive evidence that the wage premium is more likely to be explained by university-related networks and signaling than human capital.
Keywords: education, mobility, human capital, China, college exam, college entrace, elite education