Devereux, Paul J.; Hart, Robert A. - In: Economic Journal 120 (2010) 549, pp. 1345-1364
Do students benefit from compulsory schooling? In an important article, Oreopoulos (2006) studied the 1947 British compulsory schooling law change and found large returns to schooling of about 15% using the General Household Survey (GHS). Re-analysing this dataset, we find much smaller returns...