伟德BETVlCTOR1946学术系列活动之
经济学系列Seminar第254期
主题: Do Elite Colleges Matter? The Impact on Entrepreneurship Decisions and Career Dynamics
主讲人: Charles Leung（香港城市大学）
主持人：王彬（BETVLCTOR伟德官网下载）
时间：2021 年 11 月 18 日（周四）下午15:00-16:30
会议工具：Zoom（ID：97940145436；密码：619185）
摘要
Elite college attendance significantly impacts students' entrepreneurship decisions and career dynamics. We find that an elite college degree is positively correlated with entrepreneurship (i.e., owning an incorporated business) but not with other self-employment forms. Our overlapping generations model captures self-selection in education and career choices based on heterogeneous ability and family wealth endowments over the life-cycle. Our estimates show that (1) entrepreneurs and other self-employed individuals require different types of human capital, and (2) elite colleges generate considerably more human capital gain than ordinary colleges, particularly for entrepreneurs. Distinguishing between elite and ordinary colleges improves our prediction of entrepreneurship decisions. Providing subsidies for elite colleges is more efficient than subsidizing their ordinary counterparts to encourage entrepreneurship, enhance intergenerational mobility, and enhance welfare. In contrast, although start-up subsidy increases entrepreneurship, it does not improve their performance, and it is inferior to education subsidy in generating efficiency, equality, and intergenerational mobility.
★主讲人简介★
Charles Leung，香港城市大学副教授，博士毕业于美国的罗切斯特大学。他主要研究领域是宏观经济学与房地产经济学，他的成果发表在国际一流经济学期刊 Journal of Monetary Economics, Journal of Urban Economics, Real Estate Economics, Journal of Human Capital, Journal of Housing Economics 等杂志上。
