Huang, Zhangkai; Phillips, Gordon M.; Yang, Jialun; … - 2020 - This version: May 9, 2020
The Cultural Revolution deprived Chinese students of the opportunity to receive higher education for 10 years when … turned 18 during the Cultural Revolution, which sharply reduced their chances of attending college. Using multiple approaches … to control for selection and endogeneity, including an instrument based on whether the CEO turned 18 during the Cultural …
