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Firm Decisions and Variation across Universities in Access to High-Wage Jobs: Evidence from Employer Recruiting

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  • Russell Weinstein

Abstract

I show that firm location decisions create barriers to accessing high-wage employers for students at distant universities. I collect office locations and campus recruiting strategies for more than 70 banking and consulting firms from 2000 to 2013. After firms open an office, students at nearby universities are nearly four times more likely to have on-campus access to the firm. Access increases for universities across a wide range of selectivity. Additional data from universities, LinkedIn, and mobility report cards suggest effects on hires and longer-run income success.

Suggested Citation

  • Russell Weinstein, 2022. "Firm Decisions and Variation across Universities in Access to High-Wage Jobs: Evidence from Employer Recruiting," Journal of Labor Economics, University of Chicago Press, vol. 40(1), pages 1-46.
    • Handle: RePEc:ucp:jlabec:doi:10.1086/714367
    DOI: 10.1086/714367
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    Cited by:

    1. Machado, Cecilia & Reyes, Germán & Riehl, Evan, 2022. "Alumni Job Networks at Elite Universities and the Efficacy of Affirmative Action," IZA Discussion Papers 15026, Institute of Labor Economics (IZA).
    2. Weinstein, Russell, 2021. "Graduating from a Less Selective University during a Recession: Evidence from Mobility Report Cards and Employer Recruiting," IZA Discussion Papers 14462, Institute of Labor Economics (IZA).
    3. Ben Ost & Weixiang Pan & Douglas A. Webber, 2023. "College Networks and Re-employment of Displaced Workers," Finance and Economics Discussion Series 2023-043, Board of Governors of the Federal Reserve System (U.S.).
    4. Cecilia Machado & Germ'an Reyes & Evan Riehl, 2023. "The Direct and Spillover Effects of Large-scale Affirmative Action at an Elite Brazilian University," Papers 2305.02513, arXiv.org, revised Jun 2023.

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