Abstract

https://ssrn.com/abstract=2628303
 


 



Promoting Educational Opportunities: Long-Run Implications of Affirmative Action in College Admissions


Bernard Herskovic


University of California, Los Angeles (UCLA) - Anderson School of Management

Joao Ramos


Marshall School of Business - University of Southern California

October 25, 2016


Abstract:     
This paper investigates the implications of affirmative action in college admissions for welfare, aggregate output, educational investment decisions and intergenerational persistence of earnings. We construct an overlapping-generations model in which parents choose how much to invest in their child's education, thereby increasing both human capital and likelihood of college admission. Motivated by a recent policy implemented in Brazil, we calibrate the model to quantify affirmative action long-run effects. We find that affirmative action targeting the bottom quintile of the income distribution is a powerful policy to reduce intergenerational persistence of earnings and improve welfare and aggregate output.

Number of Pages in PDF File: 45

Keywords: Affirmative Action, Intergenerational Mobility, Educational Investment

JEL Classification: I2, E24, J62


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Date posted: July 14, 2015 ; Last revised: October 26, 2016

Suggested Citation

Herskovic, Bernard and Ramos, Joao, Promoting Educational Opportunities: Long-Run Implications of Affirmative Action in College Admissions (October 25, 2016). Available at SSRN: https://ssrn.com/abstract=2628303 or http://dx.doi.org/10.2139/ssrn.2628303

Contact Information

Bernard Herskovic (Contact Author)
University of California, Los Angeles (UCLA) - Anderson School of Management ( email )
Los Angeles, CA 90095-1481
United States
HOME PAGE: http://bernardherskovic.com
Joao A Ramos
Marshall School of Business - University of Southern California ( email )
701 Exposition Boulevard, STE 205
Los Angeles, CA 90089-1422
United States
HOME PAGE: http://www.joaoaramos.com/
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