A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2020; you can also visit the original URL.
The file type is
This appendix presents a complete version of the theory in Section I, which incorporates college reputation into the literature on information and wage formation (Jovanovic, 1979; Farber and Gibbons, 1996; Altonji and Pierret, 2001). We define a measure of reputation, specify a model of wage setting, and conclude with derivations of propositions that are the basis for our empirical analyses in Sections II and III. A. Ability, admission scores, and college reputation We let ↵ i denote the logdoi:10.1257/app.20160126 fatcat:cj6zaryttbh33a6yys6iebq6si