School quality and the return to schooling in Britain: New evidence from a large-scale compulsory schooling reform
Damon Clark
Journal of Public Economics, 2023, vol. 223, issue C
Abstract:
What is the causal effect of schooling on subsequent labor market outcomes? In this paper I contribute evidence on this question by re-examining a British compulsory schooling reform that yields large-scale and quasi-experimental variation in schooling. First, I note that this reform was introduced in 1947, when British students attended higher-track (for the “top” 20%) or lower-track (for the rest) secondary schools. The reform increased the minimum school leaving age from 14 to 15 and I show that the vast majority (over 95%) of affected students attended lower-track schools. Second, I show that the additional schooling induced by the reform had close to zero impact on a range of labor market outcomes. Third, I attribute these findings to the quality of these lower-track schools, which I argue was low along several dimensions.
Keywords: Returns to schooling; Compulsory schooling reforms; School quality; Tracking (search for similar items in EconPapers)
JEL-codes: I21 J24 J31 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:223:y:2023:i:c:s0047272723000841
DOI: 10.1016/j.jpubeco.2023.104902
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