Do Second Chances Pay Off? Evidence from a Natural Experiment with Low-Achieving Students
Rigissa Megalokonomou () and
No 9620, CESifo Working Paper Series from CESifo
In several countries, students who fail end-of-high-school high-stakes exams are faced with the choice of retaking them or forgoing postsecondary education. We explore exogenous variation generated by a 2006 policy that imposed a performance threshold for admission into postsecondary education in Greece to estimate the effect of retaking exams on a range of outcomes. Using a fuzzy regression discontinuity design and novel administrative data, we find that low-achieving students who retake national exams improve their performance by half a standard deviation, but do not receive offers from higher quality postsecondary placements. The driving mechanism for these results stems from increased competition.
Keywords: postsecondary education admission; low-achieving students; exogenous policy; fuzzy regression discontinuity design (search for similar items in EconPapers)
JEL-codes: I21 I23 J16 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-edu and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: Do Second Chances Pay Off? Evidence from a Natural Experiment with Low-Achieving Students (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_9620
Access Statistics for this paper
More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().