Forced to be Rich? Returns to Compulsory Schooling in Britain

• 成果类型: Article
• 署名作者: Devereux, Paul J.; Hart, Robert A.
• 署名单位: University College Dublin; University of Stirling
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/j.1468-0297.2010.02365.x
• 发表日期: 2010
• 页码: 1345-1364
• 关键词: education; average; LAWS

摘要

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). Re-analysing 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 utilise 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.