Kingdon, Geeta and Theopold, Nicolas
Do Returns to Education Matter to Schooling Participation? Evidence from India.
Education Economics, 16 (4).
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||The expected economic rewards of education are likely to be an important determinant of the demand for schooling, yet to our knowledge there has been little research quantifying how much such rewards affect children’s schooling enrolment and attainment (years of education) decisions. The paper rigorously addresses endogeneity concerns via Instrumental Variable and Fixed Effects methods using panel data when estimating the effect of a rise in ‘the rate of return to education in the local labour market’ on school enrolment and attainment.
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