Firm Decisions and Variation in the Returns to College: Evidence from Employer Recruiting

Research output: Working paper

Abstract

I analyze how employer decisions affect university variation in graduates’ labor market opportunities. I collect office locations and campus recruiting strategies for over 70 banking and consulting firms, from 2000 to 2013. After firms open an office, students at nearby universities are twice as likely to have on-campus access to the firm. After closing an office, previously nearby universities are one-seventh as likely to have access.An additional firm recruiting on campus, after opening a nearby office, raises the likelihood of top 1% earnings by 1.35 percentage points (20%) at age 30-34, for students in the bottom parental income quintile.
Original languageEnglish (US)
Number of pages68
StatePublished - Jun 13 2019

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