Tracy, Joseph; Waldfogel, Joel - National Bureau of Economic Research (NBER) - 1994
new MBAs. We adjust programs' salaries for the quality of entering students in an attempt to distinguish value added from … the quality of incoming students. We then rank programs according to value added. Our results are rather surprising. While … rankings since they do not recruit the very top students. We explore the determinants of our value added and student quality …