As college enrollment goes up, social mobility continues its 50-year decline. Luigi and Kate look for answers in the latest research on the role of higher education. Are today’s universities engines of social mobility or simply bastions of privilege?
Main papers discussed during episode:
– All the work by Raj Chetty and co-authors can be found at http://www.equality-of-opportunity.org/documents/
– Hoxby C. and C. Avery (2013), “The Missing “One-Offs”: The Hidden Supply of High-Achieving, Low Income Students https://www.brookings.edu/wp-content/uploads/2016/07/2013a_hoxby.pdf
Papers using natural experiments:
– Twins Studies: Orley Ashenfelter and Alan Krueger, “Estimates of the Economic Return to Schooling from a New Sample of Twins,” The American Economic Review Vol. 84, No. 5 (Dec., 1994), pp. 1157-1173. http://www.jstor.org/stable/2117766
– Regression Discontinuity Design: Hoeckstra (2009) The Effect of Attending the Flagship State University on Earnings: A Discontinuity-Based Approach , The Review of Economics and Statistics Volume 91, Issue 4. https://doi.org/10.1162/rest.91.4.717
– Lotteries: Bulman, George, Bulman, Robert Fairlie, Sarena Goodman, Adam Isen (2017) “Parental Resources and College Attendance: Evidence from Lottery Wins” http://www.nber.org/papers/w22679