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Autoren: 
Bruckmeier, Kerstin
Fischer, Georg-Benedikt
Wigger, Berthold U.
Datum: 
2014
Schriftenreihe/Nr.: 
CESifo Working Paper No. 4950
Zusammenfassung: 
Being granted a title enhances the status of the awardee while its loss has an opposite effect. The present article examines whether the latter effect dominates the former in the sense that elevation is less status-enhancing than relegation is status-damaging. Thereto, we use the three consecutive rounds of the German Excellence Initiative (a publicly funded program to promote outstanding research at German universities) as a natural experiment. We provide evidence that the loss of the title as a so-called “elite university” had a negative effect on the number of first year students. In contrast, we find no evidence for a positive effect on the number of first year students when a university is granted the title.
Schlagwörter: 
reputation effect
excellence initiative
enrolment numbers
JEL: 
H52
I23
Dokumentart: 
Working Paper

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