Assessing the Effect of Schooling on Earnings Using a Social Experiment
Costas Meghir () and
Mårten Palme ()
No 313, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics
The implementation of the 1950 Swedish comprehensive school reform was preceded by a unique social experiment. During this experiment between 1949 and 1962 the new school system was implemented in stages. This allows us to study the same cohort of individuals going through two different school systems, one of them implying at least one year of prolonged compulsory schooling, in a very similar environment. We use this exogenous variation in educational outcomes to estimate the average returns to education allowing for heterogeneity in the returns across individuals. We also use an ability measure (IQ scores and grades obtained at age 12 or 13) to allow for heterogenous returns to observed ability.
Keywords: Returns to schooling; education reform; ability bias; selection bias; instrumental variables; random coefficient models (search for similar items in EconPapers)
JEL-codes: C31 I21 I28 J24 J31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ifn
References: Add references at CitEc
Citations: View citations in EconPapers (30) Track citations by RSS feed
Downloads: (external link)
Working Paper: Assessing the Effect of Schooling on Earnings Using a Social Experiment (2000)
Working Paper: Assessing the effect of schooling on earnings using a social experiment (1999)
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:hhs:hastef:0313
Access Statistics for this paper
More papers in SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Helena Lundin ().