The long term impacts of compulsory schooling: evidence from a natural experiment in school leaving dates

Del Bono, Emilia and Galindo-Rueda, Fernando (2007) The long term impacts of compulsory schooling: evidence from a natural experiment in school leaving dates. CEEDP (74). Centre for the Economics of Education, London School of Economics and Political Science, London, UK. ISBN 0753020858

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Abstract

This paper investigates a unique feature of the English educational system to estimate the causal effect of compulsory schooling on labour market outcomes. We examine school leaving rules that allow for discrete variation in exit dates by date of birth within school cohorts. This natural experiment enables a regression discontinuity design that differences out confounding factors discussed in the literature. Individuals compelled to stay in school for as little as three months longer than their classmates tend to achieve significantly higher qualification levels and experience better labour market outcomes. Our analysis of variation of impacts by age of compulsory schooling allows us to provide valuable new insights on the role of education credentials in the labour market.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cee.lse.ac.uk
Additional Information:	© 2007 the authors
Divisions:	LSE
Subjects:	L Education > L Education (General)
JEL classification:	I - Health, Education, and Welfare > I2 - Education J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement C - Mathematical and Quantitative Methods > C3 - Econometric Methods: Multiple; Simultaneous Equation Models; Multiple Variables; Endogenous Regressors
Date Deposited:	15 Jul 2008 09:16
Last Modified:	13 Sep 2024 20:02
URI:	http://eprints.lse.ac.uk/id/eprint/19400

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