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Cited by 302

The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.

Admission, Tuition, and Financial Aid Policies in the Market for Higher Education

Epple, Dennis, Romano, Richard, Sieg, Holger·2006·Econometrica

Abstract

We present an equilibrium model of the market for higher education. Our model simultaneously predicts student selection into institutions of higher education, financial aid, educational expenditures, and educational outcomes. We show that the model gives rise to a strict hierarchy of colleges that differ by the educational quality provided to the students. We also develop a new estimation procedure that exploits the observed variation in prices within colleges. Identification is based on variation in endowments and technology. It does not rely on observed variation in potentially endogenous characteristics of colleges such as peer quality measures and expenditures. We estimate the structural parameters using data collected by the National Center for Education Statistics and aggregate data from Peterson's and the National Science Foundation.

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Crossref · 10.1111/j.1468-0262.2006.00690.x

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Metadata

Authors
Epple, D., Romano, R., & Sieg, H.
Venue
Econometrica
Published
2006-07
Volume
74
Issue
4
Pages
885-928
ISSN
  • 0012-9682 (ISSN-L)
  • 1468-0262
OpenAlex
W2071537570
Cited by
302
References
2
FWCI
59.67
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Admission, Tuition, and Financial Aid Policies in the Market for Higher Education. https://app.cochat.ai/papers/10.1111/j.1468-0262.2006.00690.x
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Epple, D., Romano, R., & Sieg, H. (2006). Admission, Tuition, and Financial Aid Policies in the Market for Higher Education. Econometrica. https://doi.org/10.1111/j.1468-0262.2006.00690.x

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.