Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173827
Authors: 
Busso, Matías
Dinkelman, Taryn
Martínez Alvear, Claudia
Romero, Dario
Year of Publication: 
2016
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-743
Abstract: 
Schools that provide higher education often belong to either a merit-based selective system or an open-access less selective system. This paper presents the results of a field experiment that provided Grade 12 students in Chile with tailored information about financial aid and average earnings and employment probabilities for schools and careers in both types of schools. No effect is found on the extensive margins of enrollment in the selective or in the less selective sector. Treated students change their intensive margin decisions: they choose careers and schools with lower expected wages and lower employment probabilities, but with higher quality relative to their baseline preferences.
Subjects: 
Information experiment
Higher education
Financial aid
Returns to education
Chile
JEL: 
I23
I22
I26
D83
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode
Document Type: 
Working Paper

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