ECIN Replication Package for ``Historical Place-Based Investments and Contemporary Economic Mobility and Inequality: Impacts of University Establishment''

This is data, code, and replication instructions for "Historical Place-Based Investments and Contemporary Economic Mobility and Inequality: Impacts of University Establishment." In this project, we explore how historic university establishment has impacted contemporary county-level economic mobility and inequality outcomes using site-selection natural experiments. We find that universities have led to greater mid-life upward intergenerational income mobility and more income inequality. We highlight five channels through which these effects operate: sorting of high-achieving households into university counties; a ``hollowing-out'' of local labor markets which has provided opportunities to achieve top incomes as well as increased inequality; increased educational attainment across the income distribution, greater innovative activity, and higher levels of social capital.