DOES BEAUTY MATTER IN UNDERGRADUATE EDUCATION?
利用女子大学数据，检验美貌溢价在本科阶段是否源于能力差异、偏见或专业选择，发现更漂亮的学生标准化考试成绩更差，但入学时未被优待，成绩差异很小，且存在基于美貌的专业和职业选择分化。
Physically attractive individuals achieve greater success in terms of earnings and status than those who are less attractive. However, whether this “beauty premium” arises primarily because of differences in ability or confidence, bias, or sorting remains unknown. We use a rich dataset from a women's college to evaluate each of these three mechanisms at the college level. We find that students judged to be more attractive perform significantly worse on standardized tests but, conditional on test scores, are not evaluated more favorably at the point of admission, suggesting that more attractive people do not possess greater abilities at the beginning of college. Controlling for test scores, more attractive students receive only marginally better grades in some specifications, and the magnitudes of the differences are very small. Finally, there is substantial beauty‐based sorting into areas of study and occupations .