It is who you know and...where you go.

Caroline Hoxby is one of the most careful researchers in all of economics. Yes, pedigree does matter, especially if you get busy when you graduate.



http://blogs.wsj.com/economics/2009/11/25/top-universities-get-more-selective-but-offer-better-return-on-investment/?mod=djemWEB&reflink=djemWEB&reflink=djemWEB