Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/236501 
Year of Publication: 
2021
Series/Report no.: 
IZA Discussion Papers No. 14470
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3) 2008, 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this finding is sensitive to minor changes in sample restrictions and model specification. Further results suggest that their estimates are potentially confounded by previously unconsidered institutional details. These findings render the conclusion that compulsory schooling in Germany yields no wage returns at a minimum controversial.
Subjects: 
returns to schooling
education
wages
Germany
replication
reassessment
JEL: 
I21
I26
J31
Document Type: 
Working Paper

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