Forced to be rich? Returns to compulsory schooling in Britain

Files in This Item:
File Description SizeFormat 
wp09.24.pdf636.19 kBAdobe PDFDownload
Title: Forced to be rich? Returns to compulsory schooling in Britain
Authors: Devereux, Paul J.
Hart, Robert A.
Permanent link:
Date: Nov-2009
Online since: 2010-11-30T15:18:17Z
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
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP 09 24; UCD Geary Institute Discussion Paper Series; WP2009/40
Subject LCSH: Education, Compulsory--Great Britain
Wages--Effect of education on
Other versions:
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

Show full item record

Page view(s) 20

checked on May 25, 2018

Download(s) 50

checked on May 25, 2018

Google ScholarTM


This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.