Seminar
Research seminar: From returns to education to policy
- Speaker
- Mikkel Gandil, UiO
- Date
- 20 October 2020
- When
- 11:45 - 12:45
- Where
- Auditorium, SSB, Akersveien 26/Youtube. There can be a maximum of 20 people in the Auditorium.
- Registration
- Those who want to be present physically have to send registration to Simon Bensnes (Contact).
Content
Mikkel Gandil, UiO: https://www.sv.uio.no/econ/personer/vit/mikkelga/
From returns to education to policy
Abstract: This paper analyses to which extent estimates of returns to education can inform policy makers on supply-side policies taking into account the demand for education and clearing in educational markets. I construct a model of the centralized clearing house mechanism of tertiary education in Denmark and use this model to simulate the full market clearing under counterfactual supply. By exploiting the cutoff-structure of the assignment mechanism I estimate returns to fields in a Regression Discontinuity setting and show that even for programs with similar estimated returns, supply-side policies vary widely in their return once market clearing is taken into account.