Compulsory Schooling and the Returns to Education: A Reexamination
(2016)
Preprint / Working Paper
van Huellen, S., & Qin, D. Compulsory Schooling and the Returns to Education: A Reexamination
We re-examine the effect of compulsory school law on education in the US pioneered by Angrist and Krueger (1991). We show that the standard instrumental variable approach of the education variable not only yields empirically inconsistent estimates, b... Read More about Compulsory Schooling and the Returns to Education: A Reexamination.