researchers. Economists have speculated for at least a century that the social returns to education may exceed the private returns … implementing individual fixed effects estimates. The individual fixed effect model shows that the external returns to education in … problem, we then implement the IV fixed effect estimates and find positive external returns to education at about 10%. We also …

Education yields substantial non-monetary benefits, but the size of these gains is still debated. Previous studies, for … example, report contradictory effects of education and compulsory schooling on mortality – ranging from zero to large … compulsory education both in the shorter and longer run. In contrast, compulsory schooling reforms have little or no effect on …

on children's education by exploiting the United Nations sanctions imposed on Iran in 2006. Using the variation in the … points. Moreover, households reduced education spending by 58% - particularly on school tuition. These effects are larger for …