@TechReport{iza:izadps:dp15026,
            	author={Machado, Cecilia and Reyes, Germán and Riehl, Evan},
            	title={Alumni Job Networks at Elite Universities and the Efficacy of Affirmative Action},
            	year={2022},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={15026},
            	url={https://www.iza.org/publications/dp15026},
	abstract={We examine the efficacy of affirmative action at universities whose value depends on peer and alumni networks. We study an elite Brazilian university that adopted race- and income-based affirmative action at a large scale. Using employer-employee data, we show that a key benefit of attending the university is access to high-paying jobs affiliated with its alumni. Affirmative action increased disadvantaged students' access to these firms and raised their early-career earnings. But these benefits faded over time. Further, the increase in student body diversity lowered the job prospects and earnings of the school's most highly ranked students.},
	keywords={higher education;alumni network;affirmative action},
            }