The Value of U.S. College Education in Global Labor Markets: Experimental Evidence from China

The author thanks Leah Boustan, Will Dobbie, and Henry Farber for advice and support throughout this project; Yan Chen (department editor) and four anonymous referees for guidance; and Amanda Agan, David Arnold, Orley Ashenfelter, Joseph Altonji, Charles Becker, Barbara Biasi, Chentong Chen, David Cho, Michael Dinerstein, Liyu Dou, Hanming Fang, Edward Freeland, Claudia Goldin, Daniel Herbst, Bo Honoré, Jennifer Jennings, Andrew Langan, David Lee, Adam Kapor, Larry Katz, Ernest Liu, Alan Krueger, Ilyana Kuziemko, Hani Mansour, Alexandre Mas, Steve Mello, Jack Mountjoy, Christopher Neilson, Matthew Notowidigdo, David Price, Richard Rogerson, Cecilia Rouse, Raffaele Saggio, Mallika Thomas, Zeng Ting, Tom Vogel, Christopher Walters, Xiong Wei, Yu Xie, Owen Zidar, and seminar participants at Chinese University of Hong Kong–Shenzhen, Princeton, Tsinghua Growth and Institutions, Kellogg China Laboratory, City University of New York, Rutgers, Nottingham, Association for Education Finance and Policy, Chinese Education Finance and Policy, Econometric Society World Congress, Association for Public Policy Analysis and Management, and American Sociological Association for helpful comments. A large team of research assistants from various universities in China provided amazing research assistance in collecting data. The experiment is approved by the Princeton institutional review board (Protocol ID 10056) and registered at AEA RCT registry (ID 0004037). Any errors are my own. This work was done prior to M. Chen joining Amazon.