Updating Human Capital Decisions: Evidence from SAT Score Shocks and College Applications

Autor:	Jonathan Smith, Xiaoxiao Li, George Bulman, Timothy N. Bond
Rok vydání:	2018
Předmět:	Economics and Econometrics Labour economics education 05 social sciences Human capital New population Variation (linguistics) 0502 economics and business Industrial relations Economics Econometrics Primary component 050207 economics Selection (genetic algorithm) 050205 econometrics
Zdroj:	Journal of Labor Economics. 36:807-839
ISSN:	1537-5307 0734-306X
DOI:	10.1086/696268
Popis:	We estimate whether students update their collegepplication portfolios in response to large, unanticipated information shocks generated by the release of SAT scores -- a primary component of admissions decisions. Exploiting new population data on the timing of college selection and a policy that induces students to choose colleges prior to taking exam, we find that the release of scores causes students to update their portfolios in terms of selectivity, tuition, and sector. However, the magnitude of updating is too modest to significantly reduce unexplained variation across students, suggesting that non-academic factors may be the dominant determinants of college choice.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c4b2e923d5fe9f5db1b9bd17e017381f https://doi.org/10.1086/696268 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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