Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/234699 
Year of Publication: 
2020
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-1120
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract: 
This paper examines whether additional time in elementary and secondary school affects economic well-being in adulthood. This paper explores a large-scale reform that increased the Chilean school day by 30 percent between 1997 and 2010, with access to longer school days varying by cohort and city. Both sources of variation are leveraged and it is found that full-day schooling increases educational attainment, delays childbearing, and increases earnings in young adulthood. The nature of these benefits is consistent with more time in school facilitating human capital accumulation, and the results show that large scale investments in public education can generate long-term improvements in economic well-being.
Subjects: 
Economics of education
returns to education
full-day schooling
long-term investments
JEL: 
I26
I25
J24
H52
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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