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Keywords:college admissions 

Working Paper
Affirmative Action and Racial Segregation

A number of states have recently prohibited the use of affirmative action in admissions to public universities statewide. A growing body of research suggests that these affirmative action bans reduce minority enrollment at selective colleges while leaving overall minority college enrollment rates unchanged. The effect of these bans on racial segregation across colleges has not yet been estimated directly and is theoretically ambiguous due to a U-shaped relationship between minority enrollment and college selectivity. This paper uses variation in the timing of affirmative action bans across ...
Working Papers (Old Series) , Paper 1636

What Are the Trade-offs of Meritocratic College Admissions?

St. Louis Fed research suggests that removing certain constraints in college admission standards and higher-education funding could boost entry and graduation rates and earnings.
On the Economy

Working Paper
Affirmative Action and Racial Segregation

Prior research suggests that statewide affirmative action bans reduce minority enrollment at selective colleges while leaving overall minority college enrollment unchanged. However, the effect of these bans on across-college racial segregation has not yet been estimated. This effect is theoretically ambiguous due to a U-shaped relationship across colleges between minority enrollment and college selectivity. This paper uses variation in the timing of affirmative action bans across states to estimate their effects on racial segregation as measured by standard exposure and dissimilarity indexes, ...
Working Papers , Paper 16-36R

Working Paper
Causes and Consequences of Student-College Mismatch

College admissions are highly meritocratic in the U.S. today. It is not the case in many other countries. What is the tradeoff? On one hand, meritocracy produces more human capital overall if higher ability students learn more in college and if they learn more in higher quality colleges. This leads to a higher overall level of earnings (i.e. greater efficiency, loosely speaking). On the other hand, more meritocracy generates a higher degree of earnings inequality. In this paper, we quantify this efficiency-equality tradeoff. Our results suggest small efficiency losses/gains from student ...
Working Papers , Paper 2022-026

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