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dc.titleThe Effects of Financial Aid and Returns Information in Selective and Less Selective Schools: Experimental Evidence from Chile
dc.contributor.authorBusso, Matías
dc.contributor.authorDinkelman, Taryn
dc.contributor.authorMartínez, Claudia
dc.contributor.authorRomero, Dario
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageChile
dc.date.available2016-11-03T00:00:00
dc.date.issue2016-11-02T00:00:00
dc.description.abstractSchools 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.
dc.format.extent48
dc.identifier.doihttp://dx.doi.org/10.18235/0011770
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Effects-of-Financial-Aid-and-Returns-Information-in-Selective-and-Less-Selective-Schools-Experimental-Evidence-from-Chile.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectHigher Education
dc.subjectVocational and Technical Education
dc.subjectSchool Choice
dc.subjectEducation Enrollment
dc.subjectSchool Attendance
dc.subjectHigh School
dc.subjectStudent Loan
dc.subjectScholarship
dc.subject.jelcodeD83 - Search • Learning • Information and Knowledge • Communication • Belief • Unawareness
dc.subject.jelcodeI22 - Educational Finance • Financial Aid
dc.subject.jelcodeI23 - Higher Education • Research Institutions
dc.subject.keywordsschool choice;government loans;scholarships
idb.identifier.pubnumberWorking Papers
idb.operationRG-K1415
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