Is additional schooling worthless? Revising the zero returns to compulsory schooling in Germany

Konferenzbeitrag

This study estimates the effect of compulsory schooling on earnings. For identification, I exploit a German reform that extended the duration of secondary schooling in the 1960s. I find that hourly wages increase by 8% per additional year of schooling. This result challenges a study by Pischke and von Wachter (2008) who find zero returns to schooling using the same survey data and reform. I show that their small and insignificant estimates suffer from unconsidered institutional details. A complementary analysis using social security records confirms significant effects on earnings, but yields no effects on employment and eligibility for public transfers.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2018: Digitale Wirtschaft - Session: Labor and Unemployment V ; No. F21-V1

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Analysis of Education ; Returns to Education ; Wage Level and Structure; Wage Differentials

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Cygan-Rehm, Kamila
• Ereignis: Veröffentlichung
• (wer): ZBW - Leibniz-Informationszentrum Wirtschaft
• (wo): Kiel, Hamburg
• (wann): 2018

Weitere Informationen

• Handle: http://hdl.handle.net/10419/181528
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ