Seminario Académico - Employer Learning, Statistical Discrimination and University Prestige
Fecha de inicio: 23 de Marzo, 2016, 13:00 hrs.
Fecha de término: 23 de Marzo, 2016, 14:00 hrs.
El Seminario se realizará el miércoles 23 de marzo de 13:00 a 14:00 hrs, en la Sala P-302 de FEN.
El Departamento de Economía de la Universidad de Chile tiene el agrado de invitar a usted a un nuevo Seminario Académico:
Título - Employer Learning, Statistical Discrimination and University Prestige
Autores - Paola Bordón y Breno Braga
Presentador - Paola Bordon (Universidad de Chile)
Abstract:
We investigate whether employers use university prestige to statistically discriminate among college graduates. The test is based on the employer learning literature which suggests that if employers use a characteristic for statistical discrimination, this variable should become less important for earnings as a worker gains labor market experience. In this framework, we use a regression discontinuity design which estimates a 19% wage premium for recent graduates of the most selective universities in Chile. However, we find that this premium decreases by 3 percentage points per year of labor market experience. These results suggest that employers use college selectivity as a signal of workers' unobservable productivity when they graduate from college. Nevertheless, as workers reveal their quality throughout their careers, they are rewarded based on their productivity rather than the prestige of their college.
El Seminario se realizará el miércoles 23 de marzo de 13:00 a 14:00 hrs, en la Sala P-302 Tercer Piso del edificio Placa de la Facultad de Economía y Negocios de la Universidad de Chile, ubicada en Diagonal Paraguay 257.