Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/127560
Authors: 
Buscha, Franz
Dickson, Matt
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9596
Abstract: 
This paper re-examines the wage returns to the 1972 Raising of the School Leaving Age (RoSLA) in England and Wales using a high-quality administrative panel dataset covering the relevant cohorts for almost 40 years of their labour market careers. With best practice regression discontinuity methods we find at best a zero return to the additional education for men. However, we contend that regression discontinuity methods in this context will give unreliable estimates of the return. Using the panel data to correct for this we find a local average treatment effect of 7% over the lifetime for this additional year of education.
Subjects: 
returns to education
life-cycle
earnings
experience
JEL: 
I26
I28
J24
J31
Document Type: 
Working Paper

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