Compulsory Schooling and Returns to Education: A Re-Examination

Compulsory Schooling and Returns to Education: A Re-Examination

This paper re-examines the instrumental variable (IV) approach to estimating returns to education by use of compulsory school law (CSL) in the US. We show that the IV-approach amounts to a change in model specification by changing the causal status of the variable of interest. From this perspective,...

Full description

Bibliographic Details
Main Authors: Sophie van Huellen, Duo Qin
Format: Article
Language:English
Published: MDPI AG 2019-09-01
Series:Econometrics
Subjects:
instrumental variables
randomisation
research design
average return to education
Online Access:https://www.mdpi.com/2225-1146/7/3/36

Internet

https://www.mdpi.com/2225-1146/7/3/36

Similar Items