In an important and provocative paper, `Does Compulsory School Attendance Affect Schooling and Earnings?', Angrist and Krueger use quarter of birth as an instrument for educational attainment in wage equations. To support a causal interpretation of their estimates, they argue that compulsory...

In an important and provocative paper, `Does Compulsory School Attendance Affect Schooling and Earnings?', Angrist and Krueger use quarter of birth as an instrument for educational attainment in wage equations. To support a causal interpretation of their estimates, they argue that compulsory...

This paper examines the 1997 additions to the Current Population Survey education question. These new questions allow researchers to come closer to the "highest grade completed" measure available before 1992. Using the new information, the average imputed "highest grade completed" is one-tenth...

This paper examines the 1997 additions to the Current Population Survey education question. These new questions allow researchers to come closer to the ?highest grade completed? measure available before 1992. Using the new information, the average imputed ?highest grade completed? is one-tenth...

In this paper we explore the labor market returns to the General Education Development exam, or GED. Using new data from the Current Population Survey, we examine how the return to the GED varies between U.S. natives and the foreign-born. We find that foreignborn men who hold a GED but received...

We provide a comparison of return to schooling estimates based on an influential study by Angrist and Krueger (1991) using two stage least squares (TSLS), limited information maximum likelihood (LIML), jackknife (JIVE), and split sample instrumental variables (SSIV) estimation. We find that the...