Returns to Elite Higher Education in the Marriage Market: Evidence from Chile

Katja Kaufmann, Matthias Messner and Alex Solis

No 489, Working Papers from IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University

Abstract: In this paper we estimate the marriage market returns to being admitted to a higher ranked (i.e. more ”elite”) university by exploiting unique features of the Chilean university admission system.This system centrally allocates applicants based on their university entrance test score, which allows us to identify causal effects by using a regression discontinuity approach. Moreover, the Chilean context provides us with the necessary data on the long run outcome ‘partner quality’. We find that being admitted to a higher ranked university has substantial returns in terms of partner quality for women, while estimates for men are about half the size and not significantly different from zero. JEL-Classification: I23, I24, J12. Keywords: Returns to education quality, higher education, marriage market, regression discontinuity, Chile.

Date: 2013
New Economics Papers: this item is included in nep-dem, nep-edu, nep-hrm, nep-lam, nep-ltv and nep-neu
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