Heckman, James J.; Humphries, John Eric; LaFontaine, Paul A. - In: Journal of Labor Economics 30 (2012) 3, pp. 495-495
The option to obtain a General Educational Development (GED) certificate changes the incentives facing high school students. This article evaluates the effect of three different GED policy innovations on high school graduation rates. A 6-point decrease in the GED pass rate produced a 1.3-point...