Data and Code for: College Quality and Attendance Patterns: A Long-Run View
- Hendricks, Lutz (University of North Carolina, Chapel Hill)
- Herrington, Christopher (Virginia Commonwealth University)
- Schoellman, Todd (Federal Reserve Bank of Minneapolis)
AbstractAbstract: We construct a time series of college attendance patterns for the United States and document a reversal: family background was a better predictor of college attendance before World War II, but academic ability was afterwards. We construct a model of college choice that explains this reversal. The model’s central mechanism is that an exogenous surge of college attendance leads better colleges to be oversubscribed, institute selective admissions, and raise their quality relative to their peers, as in Hoxby (2009). Rising quality at better colleges attracts high-ability students, while falling quality at the remaining colleges dissuades low-ability students, generating the reversal.
1919-01-01 / 1979-12-31Time Period: Wed Jan 01 00:00:00 EST 1919--Mon Dec 31 00:00:00 EST 1979
Is version of
Hendricks, Lutz, Christopher Herrington, and Todd Schoellman. “College Quality and Attendance Patterns: A Long-Run View.” American Economic Journal: Macroeconomics, n.d.
Update Metadata: 2020-12-18 | Issue Number: 1 | Registration Date: 2020-12-18