The return to medical school in a regulated labor market: Evidence from admission lotteries
10 / 2012 - 10 / 2015
The thesis aims at estimating the return to medical school in case there is a restriction of places in medical school. It exploits that admission to medical school in the Netherlands is regulated by a (weighted) lottery. Heterogeneity in these returns will be estimated using follow-up lotteries, in which losers of the first lottery can participate. Next, administrative data on labor market outcomes will be compared to survey data for the same group to investigate the consequences of non-response. The results have implications for the set-up of the lottery and the use of survey data in (labor) economics.