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New Evidence on the Effect of Compulsory Schooling Laws☆

In: Topics in Identification, Limited Dependent Variables, Partial Observability, Experimentation, and Flexible Modeling: Part A

Author

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  • Theodore F. Figinski
  • Alicia Lloro
  • Phillip Li

Abstract

This study provides new evidence on the effect of compulsory schooling laws on educational attainment and earnings. First, we re-examine the effect of compulsory schooling laws for cohorts born between 1900 and 1964 (“older cohorts”) using newly available data that match administrative earnings records with the survey data. Second, we provide among the first evidence on cohorts born between 1977 and 1996 (“younger cohorts”). Our findings suggest that compulsory schooling laws increased the educational attainment of older cohorts, but had no economically significant effect on the educational attainment of younger cohorts. We are unable to find consistent evidence that compulsory schooling laws increased the earnings of older cohorts – a finding which adds to growing evidence that compulsory schooling laws are less beneficial than earlier studies suggest.

Suggested Citation

  • Theodore F. Figinski & Alicia Lloro & Phillip Li, 2019. "New Evidence on the Effect of Compulsory Schooling Laws☆," Advances in Econometrics, in: Topics in Identification, Limited Dependent Variables, Partial Observability, Experimentation, and Flexible Modeling: Part A, volume 40, pages 293-318, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:aecozz:s0731-90532019000040a013
    DOI: 10.1108/S0731-90532019000040A013
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    Cited by:

    1. Theodore F. Figinski & Alicia Lloro & Avinash Moorthy, 2022. "Revisiting the Effect of Education on Later Life Health," Finance and Economics Discussion Series 2022-007, Board of Governors of the Federal Reserve System (U.S.).

    More about this item

    Keywords

    Compulsory school attendance laws; educational outcomes; returns to education; human capital; Bayesian inference; education policy; C11; I26; I28; J24; H75;
    All these keywords.

    JEL classification:

    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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