Empirical evidence that access to higher education is constrained by credit availability is limited and usually … matched individual data from both a credit institution (Eduloan) and the Department of Education. Based on a regression … education by more than 20 percentage points in a population of student loan applicants. …

WWII in France. In order to identify the causal effect of education, we exploit the fact that the small group of people … graduating from elite education (Grandes Ecoles) remained stable, while the rest of the system experienced tremendous … cohorts that received more education have a lower wage gap, relative to Grandes Ecoles. We show that such a large scale …