College choice, selection, and allocation mechanisms: A structural empirical analysis

B-Tier
Journal: Quantitative Economics
Year: 2019
Volume: 10
Issue: 3
Pages: 1233-1277

Authors (3)

José Raimundo Carvalho (not in RePEc) Thierry Magnac (Toulouse School of Economics (...) Qizhou Xiong (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We use rich microeconomic data on performance and choices of students at college entry to analyze interactions between the selection mechanism, eliciting college preferences through exams, and the allocation mechanism. We set up a framework in which success probabilities and student preferences are shown to be identified from data on their choices and their exam grades under exclusion restrictions and support conditions. The counterfactuals we consider balance the severity of congestion and the quality of the match between schools and students. Moving to deferred acceptance or inverting the timing of choices and exams are shown to increase welfare. Redistribution among students and among schools is also sizeable in all counterfactual experiments.

Technical Details

RePEc Handle
repec:wly:quante:v:10:y:2019:i:3:p:1233-1277
Journal Field
General
Author Count
3
Added to Database
2026-01-25