Burgess, Simon; Gardiner, Karen; Propper, Carol - London School of Economics (LSE) - 2002
Truancy is often seen as irrational behaviour on the part of school age youth. This paper takes the opposite view and … reduce time spent at school. The model is estimated using a US panel dataset, the National Longitudinal Survey of Youth 1979 …, and the estimation allows for the possible endogeneity of returns from these competing activities. The results show that …