This paper explores factors affecting the choice of investment in specific human capital in the presence of significant inter-group and spatial inequalities. I use four years of admissions application data at an elite university in South Africa in conjunction with quarterly labor force data to trace the link between aptitude-adjusted expected…

In 2004, the University of Brasilia established racial quotas. We find that quotas raised the proportion of black students, and that displacing applicants were from lower socioeconomic status families than displaced applicants. The evidence suggests that racial quotas did not reduce the preuniversity effort of applicants or students. Additionally,…