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Epple D. (1998)
Competition between private and public schools, vouchers, and peer‐group effectsAmerican Economic Review, 88
M. Urquiola (2023)
Higher Education in the United States: Laissez‐Faire , Differentiation, and ResearchAsian Economic Policy Review
M. Urquiola (2023)
Higher education in the United States: Laissez‐faire, differentiation, and research, 18
D. Epple, R. Romano (2007)
American Economic Association Competition between Private and Public Schools , Vouchers , and Peer-Group Effects
W. Macleod, M. Urquiola, David Card, J. Currie, D. Epple, M. Ferreyra, Roland Fryer, E. Glaeser, J. Hotz, C. Hoxby, Larry Katz, Derek Neal, Z. Neeman, Jonah Rockoff, R. Romano, R. Shimer, Elliott Ash, Xuan Li, Uliana Loginova, Evan Riehl, Teck Tan, Xing Xia (2015)
Reputation and School CompetitionThe American Economic Review, 105
A.M. Spence (1974)
Market Signaling: Informational Transfer in Hiring and Related Screening Processes
I read Urquiola (2023) with a keen personal interest as well as an academic interest. In my 47‐year professional life, half was spent in US academia and the other half in Japanese academia. From time to time, I have compared Japanese universities with their US counterparts. Table 1 is a summary of my experiences.1TableStereotype comparison of US and Japanese “research” universitiesUSAJapanPublic versus privateMost research universities are privateMost research universities are publicFundingTuition, overhead of government grants, (alum) donation, payout from university fundGovernment subsidies; (smaller) grant overhead and corporate or individual donationsCollege admissionGPA, SAT, recommendation letters, personal statement, no in‐class exam, (connection? diversity); age does not matter, skipping grades in elementary or secondary education is possibleStrictly merit based. Scores of SAT‐like exam and university‐specific in‐class exam: Double‐blind grading. 18‐year‐old and up, no skipping gradeLanguageEnglishMostly JapaneseBroader experienceDouble major (degree) possible, study abroad is commonDouble major (degree) impossible, study abroad is rareSource of reputationTeaching and research qualityDifficulty of the entrance examTuitionVery highVery lowGraduate school scholarshipTuition waiver plus stipend are commonOnly a few tuitions waiver and no stipendSalary of facultyVaries greatly with research outcomes, and varies across disciplines as well as in the same departmentMostly age determines salary. Similar across departments as well as within
Asian Economic Policy Review – Wiley
Published: Jul 1, 2023
Keywords: I23; I24; I28
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