Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/72246
Authors: 
Devereux, Paul J.
Fan, Wen
Year of Publication: 
2011
Series/Report no.: 
Working Paper Series, UCD Centre for Economic Research 11/11
Abstract: 
We study the effects of the large expansion in British educational attainment that took place for cohorts born between 1970 and 1975. Using the Quarterly Labour Force Survey, we find that the expansion caused men to increase education by about a year on average and gain about 8% higher wages; women obtained a slightly greater increase in education and a similar increase in wages. Clearly, there was a sizeable gain from being born late enough to take advantage of the greater educational opportunities offered by the expansion. Treating the expansion as an exogenous increase in educational attainment, we obtain instrumental variables estimates of returns to schooling of about 6% for both men and women.
Subjects: 
return to education
higher education expansion
Document Type: 
Working Paper

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