
Seth D. Zimmerman
Research Associate
Yale University
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February 1, 2025 - Article
In recent decades, cities, states, and the federal government have expanded funding for universal pre-kindergarten (UPK) programs. These programs are large and free. The policy logic underlying UPK expansion is that many parents may lack access to or underinvest in pre-kindergarten childcare and...
This paper asks whether universal pre-kindergarten (UPK) raises parents earnings and how much earnings effects matter for evaluating the economic returns to UPK. Using a randomized lottery design, we estimate the effects of enrolling in an extended-day UPK program in New Haven, Connecticut on...
Many school districts with centralized school choice adopt strategyproof assignment mechanisms to relieve applicants of the need to strategize on the basis of beliefs about their own admissions chances. This paper shows that beliefs about admissions chances shape choice outcomes even when the...
This paper studies how exclusive social groups shape upward mobility and whether inter-actions between low- and high-status peers can integrate the top rungs of the economic and social ladders. Our setting is Harvard in the 1920s and 1930s, where new groups of students arriving on campus encountered...
This paper studies how welfare outcomes in centralized school choice depend on the assignment mechanism when participants are not fully informed. Using a survey of school choice participants in a strategic setting, we show that beliefs about admissions chances differ from rational expectations...
This paper studies the equilibrium effects of information restrictions in credit markets using a large-scale natural experiment. In 2012, Chilean credit bureaus were forced to stop reporting defaults for 2.8 million individuals (21% of the adult population). Using panel data on the universe of bank...
February 28, 2018 - Chapter
This paper uses administrative student and expenditure data from Florida public universities to describe a) how the cost of producing graduates varies by major, b) how the inclusion of major-specific instructional costs alters the estimated net returns to different fields of study, and c) how major...

March 30, 2017 - Article
Future earnings differ substantially across college majors, but so do instructional costs. They don't always line up. Are policies designed to encourage students to enroll in the most remunerative professions a cost-effective use of private and public educational dollars? How would tuition vary if...
This paper uses administrative student and expenditure data from Florida public universities to describe a) how the cost of producing graduates varies by major, b) how the inclusion of major-specific instructional costs alters the estimated net returns to different fields of study, and c) how major...
Author(s) - Seth D. Zimmerman
This paper asks whether elite colleges help students outside of historically advantaged groups reach top positions in the economy. I combine administrative data on income and leadership teams at publicly traded firms with a regression discontinuity design based on admissions rules at elite business...
We use large-scale surveys of Chilean college applicants and college students to explore the way students form beliefs about earnings and cost outcomes at different institutions and majors and how these beliefs relate to degree choice and persistence. Linking our survey records to administrative...
We use a large-scale survey and field experiment to evaluate a policy that provided information about college- and major-specific earnings and cost outcomes to college applicants in Chile. The intervention was administered by the Chilean government and reached 30% of student loan applicants. We show...
Understanding how returns to higher education vary across degree programs is critical for effective higher education policy. Yet there is little evidence as to whether all degrees improve labor market outcomes, and whether they do so for students from different types of backgrounds. We combine...
Using data on student outcomes and school choice lotteries from a low-income urban school district, we examine how school choice can affect student outcomes through increased motivation and personal effort as well as through improved school and peer inputs. First we use unique daily data on...
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