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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

Chen says job fit, job happiness can be achieved over time

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Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

How Robust Is the Evidence on the Effects of College Quality? Evidence From Matching

Publication Abstract

Black, D.A., and Jeffrey A. Smith. 2004. "How Robust Is the Evidence on the Effects of College Quality? Evidence From Matching." Journal of Econometrics, 121:99-124.

We estimate the effects of college quality using propensity score matching methods and the National Longitudinal Survey of Youth 1979 cohort. Matching allows us to relax the linear functional form assumption implicit in regress ion-based estimates. We also examine the support problem by determining whether there are individuals attending low-quality colleges similar to those attending high-quality colleges, and find that the support condition holds only weakly. Thus, the linear functional form plays an important role in regression-based estimates (and matching estimates have large standard errors). Point estimates from regression and matching are similar for men but not women. (C) 2003 Elsevier B.V. All rights reserved.

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