Returns to Education in Greece: Evidence from the 1977 Labor Market Survey Using the Greek Civil War as an Instrument

Greece experienced a devastating civil war in 1946-1949. This led to many deaths, economic losses, and severe reductions in schooling expenditures and attendance. Using an instrumental variables approach, we estimate the 1977 returns to schooling, showing that for those affected by the civil war, the returns to schooling are higher than the corresponding least squares estimate.

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Year of publication:	2022
Authors:	Patrinos, Harry A.
Publisher:	Bonn : Institute of Labor Economics (IZA)
Subject:	returns to education \| instrumental variables \| civil war \| Greece

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Series:	IZA Discussion Papers ; 15541
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1817206117 [GVK] hdl:10419/265762 [Handle] RePEc:iza:izadps:dp15541 [RePEc]
Classification:	I21 - Analysis of Education ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc
Source:	EconStor

Persistent link: https://www.econbiz.de/10013426390