@TechReport{iza:izadps:dp17252, author={Barrios-Fernandez, Andres and Neilson, Christopher A. and Zimmerman, Seth D.}, title={Elite Universities and the Intergenerational Transmission of Human and Social Capital}, year={2024}, month={Aug}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={17252}, url={https://www.iza.org/publications/dp17252}, abstract={Do elite colleges help talented students join the social elite, or help incumbent elites retain their positions? We combine intergenerationally-linked data from Chile with a regression discontinuity design to show that, looking across generations, elite colleges do both. Lower-status individuals who gain admission to elite college programs transform their children's social environment. Children become more likely to attend high-status private schools and colleges, and to live near and befriend high-status peers. In contrast, academic achievement is unaffected. Simulations combining descriptive and quasi-experimental findings show that elite colleges tighten the link between social and human capital while decreasing intergenerational social mobility.}, keywords={elite universities;intergenerational mobility;human capital;social capital}, }