Gary-Bobo, Robert; Goussé, Marion; Robin, Jean-Marc - In: Quantitative Economics 7 (2016) 3, pp. 781-820
We study the treatment effect of grade retention using a panel of French junior high-school students, taking unobserved heterogeneity and the endogeneity of grade repetitions into account. We specify a multistage model of human-capital accumulation with a finite number of types representing...