Forced to be Rich? Returns to Compulsory Schooling in Britain

Paul Devereux and Robert Hart

No 200940, Working Papers from Geary Institute, University College Dublin

Abstract: 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). Reanalysing 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 utilize 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.

Pages: 40 pages
Date: 2009-11-18
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Citations: View citations in EconPapers (7)

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http://www.ucd.ie/geary/static/publications/workingpapers/gearywp200940.pdf First version, 2009 (application/pdf)

Related works:
Journal Article: Forced to be Rich? Returns to Compulsory Schooling in Britain (2010)
Working Paper: Forced to be rich? Returns to compulsory schooling in Britain (2009)
Working Paper: Forced to be Rich? Returns to Compulsory Schooling in Britain (2008)
Working Paper: Forced to Be Rich? Returns to Compulsory Schooling in Britain (2008)
Working Paper: Forced to be Rich? Returns to Compulsory Schooling in Britain (2008)
Working Paper: Forced to be rich? Returns to compulsory schooling in Britain (2008)
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