Causal Returns to Education and Compulsory Schooling in the United States: The Importance of Opportunity Costs.

Autor/inn/en	Krashinsky, Harry; DeCicca, Philip
Titel	Causal Returns to Education and Compulsory Schooling in the United States: The Importance of Opportunity Costs. Gefälligkeitsübersetzung: Kausale Renditen für Bildung und Schulpflicht in den Vereinigten Staaten: Die Bedeutung der Opportunitätskosten.
Quelle	In: ILR review, (2025) online first, April 2, 2025, 25 S. PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	2162-271X
DOI	10.1177/00197939251328975
Schlagwörter	Bildung; Bildungsexpansion; Bildungsniveau; Bildungsertrag; Schulpflicht; Schulzeit; Lehrer; Einkommenseffekt; Investition; Lohnhöhe; Arbeitsmarktchance; Niedrig Qualifizierter; Auswirkung; Regionaler Vergleich; USA
Abstract	"Although early instrumental variable studies documented a significantly positive monetary return to education, more recent studies have found less evidence to support this conclusion. The authors provide a new perspective on these recent studies by demonstrating that additional compulsory schooling increases both education and subsequent earnings, but only in states where there exist relatively strong effects of these laws on schooling choices. Pooling all states in the analysis masks the robust effects of education in states with greater effects of compulsory schooling laws on educational attainment. Consistent with other studies, findings suggest that state-level effects of compulsory schooling may be a function of outside labor market opportunities." The study refers to the period 1960-1980 (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2025/3