Forced to be rich? Returns to compulsory schooling in Britain
|Title:||Forced to be rich? Returns to compulsory schooling in Britain||Authors:||Devereux, Paul J.
Hart, Robert A.
|Permanent link:||http://hdl.handle.net/10197/2622||Date:||Nov-2009||Abstract:||Do students benefit from compulsory schooling? In an important article, Oreopoulos (2006) studied the 1947 British compulsory schooling law change and found large returns to schooling of about 15% using the General Household Survey (GHS). Reanalysing this dataset, we find much smaller returns of about 3% on average with no evidence of any positive return for women and a return for men of 4-7%. Additionally, we utilize the New Earnings Survey Panel Data-set (NESPD) that has earnings information superior to that in the GHS and find similar estimates: zero returns for women and returns of 3 to 4% for men.||Funding Details:||Not applicable||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics
University College Dublin. Geary Institute
|Subject LCSH:||Education, Compulsory--Great Britain
Wages--Effect of education on
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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